https://sputnikglobe.com/20220704/uk-government-considering-seizing-frozen-russian-assets-amid-ukraine-crisis-1096923021.html
UK Government Considering Seizing Frozen Russian Assets Amid Ukraine Crisis
UK Government Considering Seizing Frozen Russian Assets Amid Ukraine Crisis
Sputnik International
MOSCOW (Sputnik) - UK Foreign Secretary Liz Truss does not exclude seizing the frozen assets of Russian citizens in the United Kingdom and passing them on to... 04.07.2022, Sputnik International
2022-07-04T03:33+0000
2022-07-04T03:33+0000
2023-05-28T15:20+0000
russia
frozen assets
seizure
ukraine crisis
liz truss
united kingdom (uk)
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"I am supportive of the concept. We are looking at it very closely. The Canadians have in fact just passed legislation. This is an issue that we are working on jointly with the Home Office and the Treasury, but I certainly agree with the concept. We just need to get the specifics of it right," Truss told parliament members last week, as quoted by The Guardian on Sunday.The foreign secretary specified that the UK government's seizure of frozen Russian assets would "most probably" need certain legislation to be passed, but not necessarily.Truss expressed support for the idea that the funds could be redistributed to Ukrainians who have been negatively affected by Russia’s special military operation.Russia launched its special military operation in Ukraine on February 24, after the Donetsk and Luhansk People’s Republics (DPR and LPR) appealed for help in defending themselves against Ukrainian provocations. In response to Russia’s operation, Western countries have rolled out a comprehensive sanctions campaign against Moscow and have been supplying weapons to Ukraine.
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frozen assets, seizure, ukraine crisis, liz truss, united kingdom (uk)
frozen assets, seizure, ukraine crisis, liz truss, united kingdom (uk)
UK Government Considering Seizing Frozen Russian Assets Amid Ukraine Crisis
03:33 GMT 04.07.2022 (Updated: 15:20 GMT 28.05.2023) MOSCOW (Sputnik) - UK Foreign Secretary Liz Truss does not exclude seizing the frozen assets of Russian citizens in the United Kingdom and passing them on to Ukraine.
"I am supportive of the concept. We are looking at it very closely. The Canadians have in fact just passed legislation. This is an issue that we are working on jointly with the Home Office and the Treasury, but I certainly agree with the concept. We just need to get the specifics of it right," Truss told parliament members last week, as quoted by The Guardian on Sunday.
The foreign secretary specified that the UK government's seizure of frozen Russian assets would "most probably" need certain legislation to be passed, but not necessarily.
Truss expressed support for the idea that the funds could be redistributed to Ukrainians who have been negatively affected by Russia’s special military operation.
Russia launched its special military operation in Ukraine on February 24, after the Donetsk and Luhansk People’s Republics (DPR and LPR) appealed for help in defending themselves against Ukrainian provocations. In response to Russia’s operation, Western countries have rolled out a comprehensive sanctions campaign against Moscow and have been supplying weapons to Ukraine.
