UK’s economic crime plan ‘smoke and mirrors’ without new funding

MPs and experts question government’s commitment to tackling ‘dirty money’

The government’s three-year economic crime plan will amount to “smoke and mirrors” if it does not receive adequate funding, according to MPs and experts who have accused ministers of failing to give it adequate funding.

The new strategy – launched by the home secretary, Suella Braverman, on Thursday after a nine-month delay – sets out what the public and private sectors should do to crack down on kleptocrats, money laundering, sanctions busting and fraud.