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'Pay up': PM demands Russian oligarch transfers £2.5bn to help Ukraine or face legal action
The UK government has demanded that Russian oligarch Roman Abramovich gives £2.5bn from the sale of Chelsea Football Club to be used for humanitarian purposes in Ukraine, or face legal action.
Sir Keir Starmer announced at Prime Minister's Questions at lunchtime that the Treasury is issuing a licence for the transfer of the frozen funds to a foundation to be used to provide aid in Ukraine. If he does not do so within 90 days, the government will take him to court in the UK.
Politics latest: UK to rejoin EU's Erasmus student exchange scheme The prime minister said: "My message to Abramovich is this: the clock is ticking, honour the commitment that you made, and pay up now. "And if you don't, we're prepared to go to court, so every penny reaches those whose lives have been torn apart by Putin's illegal war." Home Secretary Yvette Cooper told Sky News political editor Beth Rigby the government has "tried every possible avenue to get him to do the right thing.
Amir Nisi
Creative and experienced content writer with 6+ years of experience lazy to create unique content strategy for News5 to turn website visitors into customers.
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