British judiciary responsible delay looted funds return uk envoy
A complex and sensitive topic!
You're likely referring to the long-standing issue of looted funds being held in British banks, which have been the subject of controversy and delay in their return to their countries of origin. Here's a brief overview:
Background: During the colonial era, many African and Asian countries were exploited by European powers, including the UK. As a result, vast amounts of wealth were extracted from these countries, often through forced labor, taxation, and other forms of exploitation. This wealth was often deposited in British banks, where it remains to this day.
The issue: Many of these looted funds are still held in British banks, including the Bank of England and other financial institutions. The UK government and the British judiciary have been slow to return these funds to their countries of origin, citing various legal and technical reasons.
Recent developments: In recent years, there have been several high-profile cases of looted funds being returned to their countries of origin. For example, in 2019, the UK government returned £100 million in looted funds to Nigeria, which had been stolen by former military dictator Sani Abacha.
Current situation: Despite these developments, many looted funds remain stuck in British banks. In 2020, the UK's National Crime Agency (NCA) estimated that £100 billion in looted funds was still held in British banks. The UK government has faced criticism for its slow pace in returning these funds, with some arguing that it is complicit in perpetuating the looting of developing countries.
Role of the British judiciary: The British judiciary has been criticized for its role in delaying the return of looted funds. In some cases, British courts have ruled that the funds cannot be returned because they were obtained through illegal means, or because the countries of origin do not have sufficient evidence to prove their ownership.
UK envoy's role: The UK envoy, also known as the High Commissioner or Ambassador, plays a key role in facilitating the return of looted funds. They work with the UK government, the British judiciary, and the governments of the countries of origin to resolve these complex cases. However, their efforts are often hindered by the slow pace of the British judiciary and the complexity of the legal issues involved.
Conclusion: The return of looted funds to their countries of origin is a complex and sensitive issue that requires cooperation between governments, the judiciary, and financial institutions. While progress has been made in recent years, much work remains to be done to address the legacy of colonial-era looting and to ensure that these funds are returned to their rightful owners.