Britain may become first country to confiscate Russian assets ...News

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Britain may become first country to confiscate Russian assets
New laws would reportedly allow maintaining sanctions on frozen money until Ukraine is compensated The UK has introduced legislation that would allow for the retention and liquidation of confiscated frozen Russian assets, setting a precedent among Western countries, British media reported on Monday. The new law will allow the British government to keep its sanctions in place until compensation is paid to Ukraine, thus introducing a way for seized Russian money to be handed over to Kiev. According to media reports, the law will ensure that frozen assets belonging to the Russian state and individuals can be seized,

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