Written Question·Treasury·UIN 12845

Freezing of Assets: Russia

Tabled: 5 November 2024
Answered: 11 November 2024
Named Day

Question

Calum Miller

Liberal DemocratBicester and Woodstock

To ask the Chancellor of the Exchequer, what estimate she has made of the amount of Russian assets held by sanctioned individuals in the UK; and how much and what proportion of those assets have been recovered.

Answer

Tulip Siddiq
The Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, announced in December that £22.7 billion in Russian Assets has been reported as frozen as of October 2023. This figure is provided in aggregate so as not to disclose the value o...

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