The UK government on Monday named a new Anti-Corruption Champion who will be tasked with tackling the flow of “illicit finance”, both domestically and internationally, along with increased funding for the National Crime Agency’s International Corruption Unit (ICU).
Baroness Margaret Hodge, a former Labour MP and long-time campaigner against illicit money, will work with Parliament, the private sector and civil society to help clamp down on corruption and the organised criminals who benefit from it.
The Foreign, Commonwealth and Development Office (FCDO) has also extended its funding support to the ICU by up to GBP 36 million over five years to help the unit continue successful investigations of cross-border corruption, money laundering and bribery cases overseas.