Moscow has warned Downing Street that they will seize British property and more Ukrainian territory after London has spent more than £1 billion of Russia’s frozen assets and bought weapons for Kyiv with the money.
The Ministry of Defence confirmed the money was used to buy “hundreds of thousands of rounds of artillery ammunition, hundreds of air defence missiles, spare parts, and new support contracts to help maintain and repair [Ukraine’s] equipment and vehicles.”
The former Russian President Dmitry Medvedev said, “Given that the money cannot be recovered in court for obvious reasons, our country has only one way to return the valuables: return it in kind.
“That is ‘Ukrainian land’ and other immovable and movable property located on it.”
He said that Moscow will respond to “any illegal seizure of frozen Russian funds or profits” and will seize “valuables of the British Crown,” including British property inside Russia.
The British Defence Secretary John Healey has also confirmed military support given to Ukraine was paid for using frozen Russian assets.
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