Written Question·Treasury·UIN 35718
Freezing of Assets: Russia
Tabled: 5 March 2025
Answered: 10 March 2025
Named DayQuestion
James Cartlidge
Conservative — South Suffolk
To ask the Chancellor of the Exchequer, what estimate she has made of the amount of interest accrued from frozen Russian assets that has been used to provide military aid to Ukraine.
Answer
Emma ReynoldsThe Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, published in its 2022-2023 Annual Review that between February 2022 and October 2023, £22.7 billion in frozen funds had been reported to OFSI in relation to the Russia sanctions...
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