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Former anti-corruption minister Tulip Siddiq is set to face trial later this month over corruption allegations in Bangladesh.

Ms Siddiq resigned from her ministerial role earlier this year over accusations she illegally received a plot of land in a new high-end development on the outskirts of Dhaka, Bangladesh’s capital, from her aunt, Sheikh Hasina, who was ousted as prime minister last year.

Bangladesh’s Anti-Corruption Commission (ACC) claims the Labour MP received a 7,200sq ft plot in the diplomatic zone through “abuse of power and influence”.

The ACC confirmed Ms Siddiq’s case is due to be heard in Bangladesh on 11 August.

A top official at the Commission told Sky News that if the Labour MP refuses to attend court on this date, a trial will be held in her absence.

It is understood she will not be present.

Ms Siddiq’s lawyers have denied the allegations against her.

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Tulip Siddiq with Sheikh Hasina in 2009. Pic: Reuters
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Tulip Siddiq with Sheikh Hasina in 2009. Pic: Reuters

Sky News understands an article published on Thursday morning saying the Labour MP for Hampstead and Highgate will face trial in Bangladesh over the allegations is the first Ms Siddiq had heard of the court date.

A source close to Ms Siddiq told Sky News her lawyer was in court every day last week to request information, but was denied it.

An ACC official said Ms Siddiq’s lawyer “was absent in the court” when the court order was issued on Thursday.

They added that the order relates to three cases involving Ms Siddiq and others – all regarding corruption around the Purbachal new town project.

The Commission will continue to take steps “to ensure justice against the perpetrators”, the official said.

Ms Siddiq’s lawyer said: “For nearly a year now, the Bangladesh authorities have been making false allegations against Tulip Siddiq.

“Ms Siddiq has not been contacted or received any official communication from the court and does not and has never owned any plot of land in Purbachal.

“This longstanding politically motivated smear campaign has included repeated briefings to the media, a refusal to respond to formal legal correspondence, and a failure to seek any meeting with or question Ms Siddiq during the recent visit by the Anti-Corruption Commission (ACC) to the United Kingdom.

“Such conduct is wholly incompatible with the standards of a fair, lawful, and credible investigation.

“In light of these facts, it is now time for the Chief Adviser and the ACC to end this baseless and defamatory effort to damage Ms Siddiq’s reputation and obstruct her work in public service.”

Read more:
Bangladesh issues arrest warrant for Tulip Siddiq – as she denies claims
Tulip Siddiq: ‘My lawyers are ready’ for questions about corruption claims

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‘Leave me alone’: MP tells Bangladeshi authorities

In June, Ms Siddiq accused Bangladesh’s interim leader, Nobel Prize-winning economist Professor Muhammad Yunus, of conducting an “orchestrated campaign” to damage her reputation and “interfere with UK politics”.

In a legal letter seen by Sky News in June, the MP also said comments made by Professor Yunus in a Sky News interview have prejudiced her right to a fair investigation, meaning the corruption inquiries should be dropped.

The interim leader, who took over after Ms Hasina was ousted last year following violent protests, said Ms Siddiq “has so many (sic) wealth left behind here” and “should be made responsible”.

Sheikh Hasina pictured in 2023.
Pic: AP/ Yomiuri Shimbun
Image:
Sheikh Hasina fled Bangladesh after being accused of rigging elections and interfering with the judicial system. Pic: AP/ Yomiuri Shimbun

Professor Yunus’ press secretary said he and the ACC “has no reason and scope to interfere in UK politics”.

“The Anti-Corruption Commission relies not on hearsay but on documentary evidence and witness testimony,” they said.

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Rachel Reeves signals she will break tax pledges – and gives strongest indication she will lift two-child cap

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Rachel Reeves signals she will break tax pledges - and gives strongest indication she will lift two-child cap

Rachel Reeves has signalled she is going to break her manifesto tax pledges at the budget – and has given her strongest indication yet she will lift the two-child benefit cap.

The chancellor said the world has changed in the year since the last budget, when she reiterated Labour’s manifesto promise not to raise national insurance, VAT or income tax on “working people”.

“It would, of course, be possible to stick with the manifesto commitments, but that would require things like deep cuts in capital spending,” she told BBC 5Live.

“I have been very clear that we are looking at both taxes and spending,” she added.

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The chancellor also gave her strongest indication yet she will lift the two-child benefit cap at the budget on 26 November, saying it is not right a child is “penalised because they are in a bigger family”.

Ms Reeves blamed poor productivity and growth over the last few years on the previous government “always taking the easy option to cut investment in rail and road projects, in energy projects and digital infrastructure”.

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She said she promised during the election campaign to “bring stability back to our economy”.

Ms Reeves, here with US Secretary of Commerce Howard Lutnick in London in September, blamed tariffs for poor growth. Pic: PA
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Ms Reeves, here with US Secretary of Commerce Howard Lutnick in London in September, blamed tariffs for poor growth. Pic: PA

‘I’ll always do what’s right for UK’

“What I can promise now is I will always do what I think is right for our country, not the easy choice, but the thing that I think is necessary,” she added.

The chancellor blamed the UK’s lack of growth under her tenure on global conflicts, trade and tariffs over the past year.

In a dig at Donald Trump, who has imposed wide-ranging tariffs on countries around the world, she said: “The tariffs. I don’t think anyone could have foreseen when this government was elected last year that we were going to see these big increases in global tariffs and barriers to trade.

“And I have to be chancellor in the world as it is not necessarily the world as I would like it to be. But I have to respond to those challenges, and that’s the responsible thing to do.”

Read more:
What tax rises and spending cuts will Reeves announce at budget?
Gordon Brown ‘confident’ of two-child benefit cap change

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‘Shameful’ that 4.5m children in poverty

‘Children should not be penalised’

The government has, so far, resisted lifting the two-child benefit cap, which means a family can only claim child benefits for the first two children.

But, it is a contentious subject within Labour, with seven of its MPs suspended two weeks after the election for voting to scrap it, while others are aware it will cost £2.8bn to do so.

Former Labour prime minister and chancellor Gordon Brown has been pushing for Ms Reeves, who says he is her hero, to lift it.

She said she saw Mr Brown at Remembrance Sunday, where they “had a good chat and we’ve emailed each other just today”, as she revealed they speak regularly.

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Labour’s child benefit cap dilemma

Ms Reeves added Mr Brown and Sir Tony Blair were big heroes of hers because they did so much to lift children out of poverty – the reason she went into politics.

Pushed on whether she would lift the cap, she said: “I don’t think that it’s right that a child is penalised because they are in a bigger family, through no fault of their own. So we will take action on child poverty.”

Mr Brown earlier told Sky News’ Mornings with Ridge and Frost he was “confident” of a two-child benefit cap change at the budget.

The latest YouGov polling found 59% of the public are in favour of keeping the cap in place, and only 26% thought it should be abolished.

Shadow chancellor Sir Mel Stride said: “Rachel Reeves has borrowed, spent and taxed like there’s no tomorrow – and she’s coming back for more because she doesn’t have a plan or the strength to stand up to Labour’s backbenchers, who are now calling the shots.

“My message is clear: if Rachel Reeves reduces government spending – including the welfare bill, she doesn’t need to raise taxes again. “

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Senate Committee unveils crypto market structure bill draft

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Senate Committee unveils crypto market structure bill draft

The US Senate Agriculture Committee has released its long-awaited discussion draft of crypto market structure laws, bringing Congress closer to passing legislation outlining how the crypto sector will be regulated.

Republican Agriculture Chair John Boozman and Democrat Senator Cory Booker released the draft on Monday, which includes brackets around sections of the bill that lawmakers are still negotiating.

The bill aims to outline the limits of the Commodity Futures Trading Commission and the Securities and Exchange Commission’s power to regulate crypto. Only Congress can set the agencies’ regulatory boundaries, but both have shared guidance to companies about crypto under the Trump administration’s deregulation push.

“The CFTC is the right agency to regulate spot digital commodity trading, and it is essential to establish clear rules for the emerging crypto market while also protecting consumers,”  Boozman said.

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Booker said the discussion draft “would provide the CFTC with new authority to regulate the digital commodity spot market, create new protections for retail customers, and ensure the agency has the personnel and resources necessary to oversee this growing market.”

The House passed a similar bill, called the CLARITY Act, to the Senate in July, which would give the CFTC a central role in regulating crypto.

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