"Moscow has warned Downing Street that they will seize British property and more Ukrainian territory after London has spent more than £1 billion of Russia 's frozen assets and bought weapons for Kyiv with the money. The Ministry of Defence confirmed the money was used to buy "hundreds of thousands of rounds of artillery ammunition, hundreds of air defence missiles, spare parts, and new support contracts to help maintain and repair [Ukraine's] equipment and vehicles.""
"The former Russian President Dmitry Medvedev said, "Given that the money cannot be recovered in court for obvious reasons, our country has only one way to return the valuables: return it in kind. "That is 'Ukrainian land' and other immovable and movable property located on it." He said that Moscow will respond to "any illegal seizure of frozen Russian funds or profits" and will seize "valuables of the British Crown," including British property inside Russia. The British Defence Secretary John Healey has also confirmed military support given to Ukraine was paid for using frozen Russia n assets."
Moscow warned that it will seize British property and additional Ukrainian territory in response to the UK spending over £1 billion of frozen Russian assets on weapons for Kyiv. The UK Ministry of Defence confirmed the funds purchased hundreds of thousands of rounds of artillery ammunition, hundreds of air-defence missiles, spare parts, and new support contracts for maintenance and repairs of Ukrainian equipment and vehicles. Former Russian President Dmitry Medvedev stated that, because the money cannot be recovered in court, Russia will return valuables in kind by taking Ukrainian land and other property. Moscow vowed to respond to any illegal seizures and to seize valuables of the British Crown and British property inside Russia. The British Defence Secretary John Healey confirmed that military support for Ukraine was paid using frozen Russian assets.
Read at London Business News | Londonlovesbusiness.com
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