UK could use frozen Russian assets to help rebuild Ukraine

The UK is mulling the idea of using frozen Russian assets to help pay for the rebuilding of war-torn Ukraine, Rishi Sunak hinted as the nation’s president, Volodymyr Zelensky, visited London.

An independent foundation is being set up to collect sanctioned Russian assets, the Prime Minister told MPs.

The UK is working with allied countries to see if it can legalise using those assets to help foot Ukraine’s massive reconstruction bill, he said.

"We’re currently working with international partners through the legal process to use those assets to fund Ukrainian reconstruction"

Source: The Independent