ACTUAL

London requires the arrest of Russian funds

The United Kingdom insists that Europe should move from freezing Russian assets to their complete arrest and use to support Ukraine. This was stated on February 25 by Foreign Minister David Lemmy during a speech in parliament, Reuters .

After the G7, the European Union and Australia have frozen about $ 280 billion in the Central Bank of Russia's assets. However, these funds still remain intact, which is more and more discussions about their potential use to restore Ukraine and strengthen its defense capability.

The British government believes that freezing alone is not enough, and proposes to consider the mechanisms of complete confiscation of these funds to direct them for the needs of Ukraine. According to David Lemmy, this step should be a common decision of European allies.

I think that we must go from freezing assets to their arrest.

During a speech in the British Parliament, the Minister of Foreign Affairs asked if he would support the adoption of extraordinary legislation, which would allow the seizure and re -profiling of Russian assets. Lemma noted that the United Kingdom is ready to consider the necessary legal mechanisms that will allow this idea.

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