CONSERVATIVE
New Forest East

TREASURY – FINANCIAL ASSISTANCE TO UKRAINE AND SEIZURE OF FROZEN RUSSIAN ASSETS - 18 December 2024

TREASURY – FINANCIAL ASSISTANCE TO UKRAINE AND SEIZURE OF FROZEN RUSSIAN ASSETS - 18 December 2024

Sir Julian Lewis: In of course welcoming the Government’s measures, I note that the Minister referred to the extraordinary interest from the frozen Russian assets. Have the Government permanently set their mind against any possible actual seizure of the assets themselves, perhaps in agreement with other G7 members or EU members?

[The Chief Secretary to the Treasury (Darren Jones): I thank the right hon. Member for his contribution. As we debated on Second Reading, this is a commitment across G7 partners and with the European Union to take action on the proceeds of the assets that are held. For other complicated legal reasons, there is no intention to seize those assets at this time.]