**UK Foreign Secretary Promises to Investigate Allegations of Corruption in Georgia**
The United Kingdom’s Foreign Secretary, David Lammy, has promised to look into allegations that members of a pro-Russian party in Georgia are using British Virgin Islands companies to hide their wealth. This comes after a question from British parliamentarian Phil Brickell during a meeting.
Brickell informed Lammy that the “Georgian Dream” party was allegedly using these companies to conceal their financial dealings, and asked what signal this sent to the world. He pointed out that this lack of transparency is not only a problem for Georgia, but also for countries around the globe.
**A “Terrible Signal” Says UK Foreign Secretary**
In response, Lammy described the situation as a “terrible signal”. He acknowledged that this kind of secrecy can have serious consequences and undermine trust in the financial system. Lammy promised to review the matter carefully and present it to the British Virgin Islands for further investigation.
This promise was made during a meeting where Lammy also discussed his plans to tackle illicit finance globally. He announced that the UK will hold a conference on this issue next year, and has asked Margaret Hodge to support efforts to unite the international community in tackling these problems.
**A Commitment to Action**
Lammy’s response suggests that he is taking allegations of corruption seriously and is committed to doing something about it. By promising to review the matter and present it to the British Virgin Islands, he is showing that the UK is willing to take action when it comes to issues like this.
This development has significant implications for Georgia, where the “Georgian Dream” party’s alleged use of offshore companies has sparked controversy. It also sends a signal to other countries around the world that the UK is committed to tackling corruption and improving transparency in global finance.
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