UK gives Abramovich final warning to transfer £2.5bn to Ukraine fund
by Jessica Elgot Deputy political editor from World news | The Guardian on (#727K0)
Keir Starmer says oligarch must commit funds from sale of Chelsea football club or face court action
The UK has given its final warning to Roman Abramovich to release 2.5bn from the oligarch's sale of Chelsea FC to give to Ukraine, telling the billionaire to release the funds in 90 days or face court action.
Keir Starmer told the House of Commons the funds from Abramovich, who is subject to UK sanctions, would be converted into a new foundation for humanitarian causes in Ukraine and that the issuing of a licence for the transfer was the last chance Abramovich would have to comply.
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