International

Ukraine Invasion: UK Freezes Putin, Lavrov’s Assets

Published

3 years ago

Feb 26, 2022.

Putin had ordered Russia’s invasion of Ukraine in the early hours of Thursday after weeks of laying seige on its borders
The Russian leader had been slammed with several sanctions by the West after the invasion

EKO HOT BLOG reports that the United Kingdom government on Friday ordered all assets of President Vladimir Putin and his Foreign Minister Sergei Lavrov frozen over Russia’s invasion of Ukraine.

The Treasury issued a financial sanctions notice against the two men, adding them to a list of Russian oligarchs who have already had their property and bank accounts in the UK frozen.

British Prime Minister Boris Johnson earlier told his NATO partners that he was planning “imminent” sanctions against Putin and Lavrov.

Downing Street said Johnson told his counterparts that Russia’s invasion of Ukraine was a “catastrophe” and the Kremlin chief was “engaging in a revanchist mission to overturn post-Cold War order”.

Warning that Putin “may not stop there” and calling the situation a “Euro-Atlantic crisis with global consequences”, he urged leaders to cut Russia off from the SWIFT international bank transfer system “to inflict maximum pain”.

Johnson’s comments ratchet up British action this week against Russian interests including banks, businesses and billionaires, though some lawmakers and experts have said the UK is not going far enough.

And it will bring Britain more into line with the European Union, which slapped sanctions on Putin and Lavrov on Friday.

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