Written Question·Treasury·UIN 12845
Freezing of Assets: Russia
Tabled: 5 November 2024
Answered: 11 November 2024
Named DayQuestion
Calum Miller
Liberal Democrat — Bicester 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 SiddiqThe 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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