Minister sets out plans to crack down on dirty money

DAVID Lammy has set out the Government's plans to tackle Britain's £100 billion money laundering problem.

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Announcing a new anti-corruption strategy in London, the Deputy Prime Minister made more than 100 commitments to make the UK a harder target for corrupt practices.

The strategy is expected to include stronger law enforcement action to tackle bribery and corruption in the public sector and financial services, as well as tougher sanctions on corrupt lawyers and bankers who enable the flow of dirty money.

It will also feature a £3 million investment by the Foreign Office to support investigative journalists working to expose corruption.