Tremendous-rich Russian oligarchs in London might be hit with powerful new sanctions to discourage Moscow from invading Ukraine, even when it hurts the UK financial system, Liz Truss says.
The overseas secretary rejected claims that the ability and wealth of Russians in so-called “Londongrad” will stop the UK – and the West as an entire – punishing Vladimir Putin’s aggression.
Ms Truss mentioned laws for brand spanking new sanctions is imminent, alongside the anticipated sending of 1,000 additional British troops to Estonia and warships to the Black Sea.
She rejected a declare that the fee to the UK could be “dramatic”, saying: “A very powerful factor is defending freedom and democracy and that’s extra necessary than fast monetary points
“We can not favour quick time period financial pursuits over the long run survival of freedom and democracy in Europe – that’s the powerful choice that each one of us have gotten to make.”
The risk comes after ministers appeared to shelve long-promised ‘McMafia’ laws, to focus on the unexplained wealth of kleptocrats – after a few years of inaction.
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Kaynak: briturkish.com