Unexplained Wealth Orders:Written question - 175845

(Hayes and Harlington)
Asked on: 08 October 2018
Home Office
Unexplained Wealth Orders
To ask the Secretary of State for the Home Department, how many Unexplained Wealth Orders have been issued since the start of the summer recess; and how many of those orders were issued in relation to wealth derived from Russia.
Answered by: Mr Ben Wallace
Answered on: 16 October 2018

Three UWOs have been applied for, and all granted, since the UWO power came into force in January. The UWOs concern two assets under one investigation in relation to Azerbaijan.

The two assets are a golf club in Ascot and residential property in Knightsbridge. The combined purchase price of the assets was £22 million. Interim freezing orders have also been obtained against the properties, so they cannot be sold. The Home Office continues to work with law enforcement agencies to develop the use of UWOs.

Grouped Questions: 175846

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