Prime Minister Keir Starmer has told ex-Chelsea owner Roman Abramovich to release frozen proceeds from the club's sale to help Ukraine, while he lives a secretive life in Turkey Economics
Keir Starmer says oligarch must commit funds from sale of Chelsea football club or face court actionEurope live – latest updatesUK politics live – latest updatesThe UK has given its final warning to Roman Abramovich to release £2.5bn from the oligarch’s sale of Chelsea FC to give to Ukraine, telling the billionaire to release the funds within 90 days or face court action.Keir Starmer told the House of Commons the funds from Abramovich, who is subject to UK sanctions, would be converted into a new foundation for humanitarian causes in Ukraine and that the issuing of a licence for the transfer was the last chance Abramovich would have to comply. Continue reading... Events
The British government says it has given Russian billionaire Roman Abramovich a final chance to hand over 2.5 billion pounds or $3.25 billion to the victims of Russia's war in Ukraine Events
Sir Keir Starmer announced the move in PMQs with the Russian billionaire still holding on to the £2.5bn he received for the sale of the football club Economics
Proceeds from sale of football club frozen in a UK bank after Russian oligarch hit with sanctions Economics
Sir Keir Starmer warned the Russian billionaire oligarch to commit the funds or face legal action from the UK Government Economics
Keir Starmer has instructed Roman Abramovich to transfer £2.5bn from his sale of Chelsea FC to humanitarian causes in Ukraine or face court action Economics
The UK is threatening legal action against Russian billionaire Roman Abramovich unless he hands over the proceeds of the sale of Chelsea FC to the Ukrainian people Economics
Prime minister says oligarch must commit funds from sale of London football club or face court actionEurope live – latest updatesUK politics live – latest updatesThe UK will formally issue instructions to transfer £2.5bn from Roman Abramovich’s sale of Chelsea FC to humanitarian causes in Ukraine, telling the billionaire to commit the funds or face court action.Keir Starmer told the House of Commons the funds from the oligarch, who is subject to UK sanctions, would be converted in to a new foundation for Ukraine and that the issuing of a licence for the transfer was the last chance Abromovich would have to comply before legal action was taken. Continue reading... Economics