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City of London Police

Department for International Development (DfID)

The UK Government is committed to fulfilling the international commitments it has made in ratifying the UN Convention Against Corruption, and the OECD Convention on Combating Bribery of Foreign Public Officials. DfID's Third White Paper on International Development sets out this commitment:

'The UK is committed to tackling corruption, bribery and money laundering. This includes making sure that we rigorously enforce relevant UK laws so that people who pay bribes are prosecuted, and assets are returned to the countries from which they have been stolen.'

 The establishment and purpose of the ICG 

The International Corruption Group, set up in November 2006, brings together the experience of the Serious Fraud Office (SFO) and Serious Organised Crime Agency (SOCA) with new capacity in the Metropolitan Police Service (MPS) and City of London Police (CoLP).  The purpose of the ICG is to strengthen the UK's capacity to investigate and prosecute corruption occurring between developed and developing countries and return stolen assets.

Through DfID support the Police now have additional investigative capacity through support for the employment and associated running costs of 16 additional police officers within the City of London and Metropolitan Police. These officers form two teams - namely the Proceeds of Crime Team within the Met and the Overseas Anti-Corruption Unit within CoLP.  

  • The Overseas Anti-Corruption Unit increases the capacity to investigate, and bring to successful prosecution, cases of foreign bribery by UK businesses and nationals operating in developing countries.
  • The Proceeds of Crime Team increases the capacity to investigate, and recover the proceeds of money laundering by Politically Exposed Persons through the UK's financial system.  Assets will be recovered and returned to their country of origin.

The repatriation of stolen assets will provide these countries with additional resources for poverty reduction.

DFID's original support (£6 million) will last for three years. BERR has recently provided extra funding for an additional two officers. Funding from DFID will now be provided until 2011.

 

 

4 September 2008 | Author: Margarita De Pablo | Contact Author