Bring back the promise to create new criminal offences for corporate crimes

In September 2015, Justice Minister Andrew Selous, dropped promises made in the Conservative manifesto to crack down on corporate crimes, because he said there was “little evidence of corporate economic wrongdoing going unpunished”.

This decision flew in the face of statements by the Law Commission that existing laws were “inappropriate and inadequate” and was criticized by Corruption Watch.

London has been labeled by Transparency International as the world’s “number-one home for the fruits of corruption”, and since the Panama papers’ leak in April 2016, has been exposed as being at the epicenter of an intricate web of tax havens, as well as being the world’s centre for money laundering.

After the 2008 crash, the financial commentator, Joris Luyendijk, said ‘the fact that nobody went to jail after such a breakdown means that there is something wrong with the rules themselves.’ NOTHING HAS CHANGED!