This petition was submitted during the 2015-2017 parliament
Rejected petition Seize Assets from Corporate and Political Tax Evaders to Offset National Debt
Over half of the 2015,000 firms identified in the Panama leaks are based in UK administered tax havens. This is a system linked to money laundering, crime and systematic tax evasion. All assets relating to these crimes should be stripped for the purpose of offsetting National Debt.
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This petition was rejected
Why was this petition rejected?
It’s not clear what the petition is asking the UK Government or Parliament to do.
We're not sure what action you would like the UK Government or Parliament to take. The state already has powers to seize assets under the Proceeds of Crime Act 2002, the Serious Organised Crime and Police Act 2005, the Serious Crime Act 2007 and the Serious Crime Act 2015.
You could start a new petition asking for the state's powers of seizure to be extended, but you will need to specify what additional powers you would like to be granted by Parliament.
We only reject petitions that don’t meet the petition standards.