Author: Azizur Rahman 3 February 2022
A report from the House of Commons Treasury Committee voiced concerns about the lack of resources available to the law enforcement agencies that investigate financial crime.
One of the issues the report raised was the possibility of creating one agency to tackle such crime. The Committee’s suggestion that the government consider this option as part of its Economic Crime Plan prompted MoneyLaundering.com to ask Aziz Rahman for his opinion.
Aziz explained that while the report talks of a “bewildering’’ range of agencies investigating financial crime, it should not be forgotten that the National Economic Crime Centre (NECC) came into existence less than four years ago. The NECC was created to bring together law enforcement agencies and other bodies to ensure there is a coordinated response to such offences.
He emphasised that the NECC had the aim of promoting “joined-up thinking’’ between agencies. It is, he said, “probably the best we’re going to get” for the time being.
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Aziz Rahman is Senior Partner at Rahman Ravelli and its founder. His ability to coordinate national, international and multi-agency defences has led to success in some of the most significant corporate crime cases of this century and top rankings in international legal guides. He is recognised worldwide as one of the most capable legal experts regarding top-level, high-value commercial and financial disputes.