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The Earl of Effingham (Con)

Speaking in the House of Lords on 29 October 2025

Debate

Corruption: Low and Middle-income Countries

Contribution

My Lords, strengthening existing powers is, of course, welcome, but we already have £25 billion in frozen Russian assets, £13 billion in frozen Libyan assets and £5 billion in frozen cryptocurrency. When are the Government going to take action to put these funds to good use to help our allies in Ukraine, and with the crypto to help our own citizens?

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