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UK freezes $21 bln in Russian assets since onset of military operation in Ukraine

It is reported that London has imposed restrictions against 1,200 Russian individuals and legal entities this year

LONDON, November 10. /TASS/. London has frozen Russian assets to the tune of 18.39 bln pounds ($20.95 bln) since the start of Moscow’s special military operation in Ukraine, according to a report released by the UK’s Office of Financial Sanctions Implementation (OFSI) on Thursday.

That said, in September 2021, Russia’s frozen assets were estimated in full at 44.5 mln pounds ($50.7 mln), according to the document. The remaining assets frozen by the UK within the framework of sanctions against other countries are worth 12.4 bln pounds ($14.13 bln), the OFSI noted.

All in all, London has imposed restrictions against 1,200 Russian individuals and legal entities this year. Moreover, from the beginning of the special military operation until the end of August, the UK issued 33 general licenses allowing transactions with sanctioned Russian persons, particularly, for ensuring the uninterrupted supplies of humanitarian goods.

Russian President Vladimir Putin said on February 24 that in response to a request by the heads of the Donbass republics, he had decided to carry out a special military operation, after which the US, EU states, the UK, as well as some other nations, imposed sanctions against Russian persons and legal entities, and subsequently accelerated arms supplies to the Kiev regime.

The news has been edited (23:40 Moscow time) - corrects figure in para 2 - 44.5 mln pounds ($50.7 mln)

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