Expropriating frozen funds would have long-ranging legal ramifications, experts warn The UK might not actually confiscate Russia’s immobilized assets despite political pledges to do so because such a step would violate the rule of law and lead to a litany of legal quandaries, according to sanctions experts cited by Politico in an article on Monday. London has blocked £26 billion ($32.1 billion) in assets belonging to the Russian state since the beginning of the Ukraine conflict, according to the Bank of Russia, and over £18 billion ($22.4 billion) in private Russia-linked assets, the British government has said.
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