Anti-Financial Crime & Financial Crime Compliance
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Sanctions

UK Govt. devises plans to use frozen oligarch assets to rebuild Ukraine

By Elizabeth Hearst for AMLi

The UK Government is drawing up plans to seize billions of pounds from oligarchs and use them to help the rebuilding of Ukraine, it has now been revealed.

Members of the National Security Council have held discussions about the government’s seizure of assets belonging to sanctioned oligarchs, with the Home Office considering legislation which would see oligarch’s wealth used to rebuild Ukraine.

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