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Sequestration and Freezing of Assets

Question for HM Treasury

UIN 55725, tabled on 30 November 2016

To ask Mr Chancellor of the Exchequer, how many people suspected by UK law enforcement of involvement in (a) organised crime, (b) financial crime and (c) serious human rights abuses have been subject to asset (i) freezes or (ii) seizures by HM Revenue and Customs in each of the last eight years.

Answered on

5 December 2016

HM Revenue and Customs (HMRC) Management Information systems within the Fraud Investigation Service (FIS) do not capture the data sought in a way which is readily available to provide the information requested. HMRC systems do not record which assets may be seized against a Restraint Order unless a Confiscation Order has been raised. Collating the data sought would therefore incur disproportionate costs.

FIS does also provide data to the Home Office Joint Assets Recovery Database system but it is not categorised in a format that would provide the requested data. In order to extract this information, it would require reference to case paperwork and would therefore incur disproportionate costs.

Answered by

Treasury
Named day
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