Money launderers will look for any opportunity to take advantage of organisations with weak financial controls in order to launder their ill-gotten gains. Charities, trustees, employees and volunteers who knowingly or unwittingly assist money launderers, or who fail to report suspicions, may commit a criminal offence and find themselves liable to prosecution.
In the Budget 2021, presented to Parliament on 3 March, the Chancellor announced that HMRC will establish a taskforce to investigate those who have fraudulently made use of government schemes set up to protect individuals and businesses against the economic impact of COVID-19 – such as the Coronavirus Job Retention Scheme (CJRS) (widely referred to as the Furlough scheme) and the Self-Employment Income Support Scheme (SEISS).
Thames Water was sentenced on Friday 26 February 2021 to a fine of £2.3m and ordered to pay costs of almost £90,000. The case is noteworthy both because of the level of the fine imposed and because the Environment Agency (“EA”) uses criminal prosecutions as a means of enforcement relatively rarely.
Today JUSTICE has published the latest working party report ‘Tackling Racial Injustice: Children and the Youth Justice System’. I am delighted to have had the opportunity to chair the working party that produced this report. The report makes practical recommendations to reduce BAME disproportionality in the Youth Justice System (YJS) of England and Wales.
A significant multi-million pound fine was imposed last week after National Grid Gas plc pleaded guilty to health and safety offences arising from its failure to make available records for hundreds of properties, which resulted in routine safety inspections not taking place.