Davey: Govt must seize £25bn of frozen Russian assets not "cower" behind legal processes

EMBARGO: Immediate Release

Responding to the Treasury releasing new data that shows UK sanctions have led to over £25 billion of Russian assets being frozen, Liberal Democrat Leader Ed Davey said:

“In the face of Donald Trump edging ever closer to an historic betrayal of Ukraine the Government cannot just sit on its hands and cower behind clunky legal processes.

“There is nothing stopping us, and those who say otherwise need to get out of the way.

“Emergency legislation needs to be tabled so that the Government can seize these billions and use them to support Ukraine.

“More Ukrainians are being killed everyday as Putin’s barbaric invasion continues. To stand idly by and not use these assets to support them in their struggle would be a shocking dereliction of duty.”

ENDS