Latest News

UK will speed up sanctions against Russians, Johnson says

0

© Reuters. FILE PHOTO: British Prime Minister Boris Johnson speaks during a PMQs session at the House of Commons, in London, Britain March 2, 2022. Courtesy UK Parliament/Jessica Taylor/Handout via REUTERS

LONDON (Reuters) – Britain will be able to move more quickly to sanction Russian businessmen over President Vladimir Putin’s decision to invade Ukraine as a result of new legal measures which will be sent to parliament next week, Prime Minister Boris Johnson said.

Asked by foreign correspondents in London why Roman Abramovich, the highest-profile Russian businessman in Britain due to his ownership of Chelsea Football Club, had not been sanctioned, Johnson said the government had to move carefully.

“None of us want to live in a country where the state can take your house off you without a very high burden of proof and due process,” he was quoted as saying in the interview conducted on Friday by Italy’s La Repubblica and other newspapers.

“There’s no point saying, yeah, we’re going to go after him, and then you come up against the brick wall of lawyers. So we have to get it right. We’re also trying not to just make this about one individual,” Johnson added.

Britain has been criticised for not moving as quickly with sanctions against individuals as the European Union, the United States and Canada.

Johnson said amendments to Britain’s economic crimes legislation due to be presented to parliament on Monday would help the government act with more speed.

“Top line of what our package on Monday will do is that the measures that you have against individual oligarchs in Europe will essentially allow us to catch them too,” he said.

Britain on Thursday sanctioned two more Russians – industrialist Alisher Usmanov and former deputy prime minister Igor Shuvalov.

Abramovich said on Wednesday he would sell Chelsea Football Club and promised to donate money from the sale to help victims of the war in Ukraine.

UK will speed up sanctions against Russians, Johnson says

Disclaimer:Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

admin

Tesla’s long-delayed German gigafactory gets conditional green light

Previous article

Britain says Russian strikes in Ukraine lessen over past 24 hours

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News