Amber Rudd issued the warning as she announced plans for a new national economic crime centre, with the power to task the Serious Fraud Office to investigate the worst cases of fraud, money laundering and corruption. The national economic crime centre will be based within the National Crime Agency and will oversee the national police response to financial crime, backed by greater intelligence and analytical capabilities. On those two elements, high-level economic crime and everyday economic crime, we’re taking action to make sure we reduce it in this country,” said Rudd. She will personally chair a new economic crime strategy board to drive action and Conservative MP John Penrose has been appointed the “anti-corruption champion” by the prime minister. Rudd stressed that economic crime was not victimless.

Source: The Guardian December 11, 2017 00:00 UTC