Following the Prime Minister's statement to the Commons on the action taken against Houthi military targets in Yemen, Harriett Baldwin raises the American Enterprise Institute report that Russia has given $900 million to Iran for drones and asks the PM what is being done to make sure that none of that money is going through the UK financial system.
I thank the Prime Minister for a clear statement. It is reported that the drones being used by the Houthis are being helped by Iran. The American Enterprise Institute has reported that Russia has given $900 million to Iran for drones. Will the Prime Minister assure the House that we are doing everything we can in this country to make sure that none of that money is going through the UK financial system?
Let me tell my hon. Friend that she is right and we agree with the US assessment that Iran has directly supplied and directly supported Houthi attacks in the Red sea, providing intelligence, especially to enable their targeting of vessels, and providing them with missiles and unmanned aerial vehicles. She is right to say that we should do everything we can to prevent that, and I reassure her on that. She will know about the measures we have taken over the past two years on financial transparency and beneficial ownership registers, which allow us to crack down on economic crime and money laundering. Physically, the Royal Navy is involved in interdicting shipments, as it has done successfully last year and the year before. It will continue to have a presence in the region so that we can disrupt those illegal arms flows.