British Prime Minister Keir Starmer has called on Russian oligarch Roman Abramovich to immediately fulfill his commitment to victims of the war in Ukraine, warning that otherwise the government will take the matter to court.
Abramovich, who is the former owner of Chelsea football club, promised in 2022 that £2.5 billion from the sale of the club would go to help victims of the Russian occupation. However, the funds remain frozen in a British bank due to disagreements over how they should be used.
The British government wants the money to be used for humanitarian aid in Ukraine, while Abramovich has insisted it be distributed to "all victims of the war", including Russians.
Starmer, speaking in Parliament, said: “My message to Abramovich is clear: the clock is ticking. Honour the commitment you have made and pay up now. If not, we are prepared to go to court to ensure that every penny reaches those whose lives have been destroyed by Putin’s illegal war.”
The BBC writes that according to the British Treasury, the funds cannot benefit Abramovich or any other sanctioned individual, but must go exclusively to humanitarian causes in Ukraine. The Chancellor of the Exchequer, Rachel Reeves, considered it unacceptable that such a large sum remains frozen while the Ukrainian people are in urgent need.
Abramovich, who made his fortune in the oil and gas industry, was only allowed to sell Chelsea after obtaining a special license, on the condition that he did not personally profit from the sale. He has denied allegations of close ties to Russian President Vladimir Putin.
British authorities have given Abramovich 90 days to act before taking legal action. Meanwhile, the European Union is expected to consider proposals to use frozen Russian assets to support Ukraine's budget and defense needs, an initiative Moscow strongly opposes.