Britain has frozen Russian assets worth over $32 billion
Kyiv • UNN
The UK government has frozen more than £25 billion in Russian assets since the start of the war. This is a consequence of the toughest sanctions Russia has faced.
The UK government has frozen more than £25 billion ($32 billion) in Russian assets since the start of Russia's full-scale war against Ukraine three years ago. This is according to the latest data from the British Ministry of Finance, reports UNN.
Details
It is noted that the new data, published on March 21 in the OFSI annual review, reveals all the consequences of the UK sanctions against Russia.
Russian assets worth more than £25 billion have been frozen
The freezing of £25 billion in Russian assets in the UK is the result of "the toughest sanctions Russia has ever faced", the British government said.
Working with our allies, we have deprived (Russia. – Ed.) of more than $400 billion, which is equivalent to four years of Russian military spending
She assured that Britain will continue to "resolutely apply our financial sanctions as part of our broader response to Russia's barbaric invasion of Ukraine."
Recall
The UK and the EU are discussing the confiscation of frozen Russian assets to increase defense spending and increase pressure on Putin. The negotiations will include legal and financial cover for the confiscation.
