Panama Papers expose UK role in global corruption

Recommendations to end UK role as a safe haven for corrupt money

Issued by Transparency International UK



The release of the “Panama Papers” has confirmed the UK’s role as a safe haven for corrupt individuals and their stolen wealth. Today, Transparency International UK launches a set of recommendations to end the UK’s role in enabling global corruption and calls on the Prime Minister to use the Anti-Corruption Summit on 12th May in London to take action.

“Paradise Lost” is a thorough analysis of the UK’s role in global corruption, outlining the multitude of ways in which the UK is enabling corrupt individuals to enjoy luxury lifestyles and cleanse their reputations. This includes:

Rachel Davies, Head of UK Advocacy and Research Transparency International UK said:

“The Panama Papers have confirmed that the UK is a prime location for corrupt individuals looking to hide their illicit wealth and buy their way into respectability.”

“Last year, the Prime Minister made a personal commitment to end the UK’s role as a safe haven for corrupt funds. Now is the real test of how serious that rhetoric is. The Anti-Corruption Summit on 12th May is the ideal opportunity for the UK to turn words into action. It must get its own house in order.”

“If corrupt individuals are allowed to continue to buy up luxury property and enjoy life in the UK, then the Government risks its credibility in leading efforts to tackle corruption on the global stage. Our recommendations lay the basis of what the UK must do immediately to ensure its hands are clean in the fight against global corruption.”

Key recommendations include:

The Panama Papers and the UK’s complicity:


For any press enquiries please contact

Dominic Kavakeb, Communications Manager
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Los países con las puntuaciones más altas en el IPC, como Dinamarca, Suiza e Islandia, no son inmunes a la corrupción. Si bien el IPC muestra que los sectores públicos en estos países están entre los menos corruptos del mundo, la corrupción existe, especialmente en casos de lavado de dinero y otras formas de corrupción en el sector privado.

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Страны с самым высоким рейтингом по ИВК, такие как Дания, Швейцария и Исландия, не защищены от коррупции. Хотя ИВК показывает, что государственный сектор в этих странах является одним из самых чистых в мире, коррупция все еще существует, особенно в случаях отмывания денег и другой коррупции в частном секторе.

Problèmes au sommet

Les pays les mieux classés sur l’IPC comme le Danemark, la Suisse et l’Islande ne sont pas à l’abri de la corruption. Bien que l’IPC montre que les secteurs publics de ces pays sont parmi les moins corrompus au monde, la corruption existe toujours, en particulier dans les cas de blanchiment d’argent et d’autres formes de corruption du secteur privé.

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