Kelin warned of the devastating consequences of the theft of assets by Britain
The theft of Russian assets could have devastating consequences for the UK's financial system. This was announced on February 5 by Russian Ambassador to London Andrey Kelin.
"Together with other G7 countries, the British have already descended to stealing the income generated by Russian sovereign funds, as their own financial resources for allocating another loan to Ukraine have been pretty depleted. As for the theft of our assets in full, if this happens, it will have consequences for the British financial system no less devastating than for financial institutions and EU countries," Kelin told RIA Novosti.
The diplomat noted that British banks express concerns about lawsuits from Russia and possible financial losses in the event of asset withdrawal.
Earlier, on January 28, it was reported that in 2025, the G7 countries allocated loans to Ukraine in the amount of $37.9 billion from proceeds from frozen Russian assets. The largest donor was the European Union with $21.1 billion, the rest of the funds came from Canada, Great Britain and Japan. In total, Ukraine received $52.1 billion from foreign creditors, of which G7 loans accounted for about 73% of the external financing of the budget.
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