Money Laundering: Bangladesh
The question
To ask the Chancellor of the Exchequer, what estimate HMRC has made of levels of money laundering from Bangladesh into the UK property market.
Answered by James Murray
HM Revenue and Customs continually reviews and monitors international risks and threats on an ongoing basis, deploying the full range of investigative tools and capabilities to address such issues as they arise. HMRC cannot provide information requested if its release would be likely to prejudice the prevention or detection of crime.
Disclosing details in relation to our analysis and estimates of money laundering from Bangladesh or any other jurisdiction could reveal where we have focussed or are focussing our activities and put our compliance activities at risk.
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