The Independent is committed to delivering critical news on key issues affecting America, including reproductive rights and political finance. The article discusses the UK government's actions against Roman Abramovich regarding the 2.5 billion from Chelsea Football Club's sale, aimed to support victims of the Ukraine conflict. Both Chancellor Rachel Reeves and Foreign Secretary David Lammy have expressed dissatisfaction with the delay in accessing the funds, which remain frozen due to sanctions imposed on Abramovich. The government is determined to ensure the proceeds aid humanitarian causes effectively.
The UK government is threatening legal action against Roman Abramovich to force him to release 2.5 billion from the sale of Chelsea Football Club, which was intended to aid victims of the war in Ukraine.
Chancellor Rachel Reeves and Foreign Secretary David Lammy expressed frustration with the lack of progress in reaching an agreement with Mr Abramovich regarding the frozen funds.
Since being sanctioned following Russia's invasion of Ukraine, the 2.5 billion in proceeds from the sale of Chelsea Football Club has been frozen.
The funds are necessary for humanitarian causes, and the government is determined to ensure they reach those affected by the conflict.
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