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Russia’s Oligarchs, which owns President Vladimir Putin and have UK funds, will face new sanctions if Moscow attacks Ukraine, British Foreign Secretary Liz Truss will tell the House of Commons on Monday.
Truss on Sunday said he had enacted laws that would give Moscow the “high cost of living” information on any entry into Ukraine, by strengthening Britain’s ability to pursue Russia’s wealth in the UK.
This comes as UK Prime Minister Boris Johnson responded to Ukraine’s crisis by providing Nato with 900 more troops to be sent to Estonia, which would double the size of the British army in the Baltic region bordering Russia.
Johnson, who is due to hold talks with the Russian President and visit Eastern Europe this week, has also offered to send warplanes to Romania and Bulgaria and warships in the Black Sea.
Under current UK law, which reflects the EU’s plan for Moscow’s invasion of Crimea in 2014, Britain is able to impose sanctions on Russian citizens who have been linked to and disrupt Ukraine.
Under the new Truss law, the government may recognize “any person with significant economic or business potential in the Kremlin”, according to UK officials.
“In the meantime, financial sanctions have been tightened, so we can only look at the companies involved in disrupting Ukraine,” Truss told Sky News.
“What we are looking to do is to ensure that any company that has an interest in the Kremlin and the Russian government can be monitored, so there will be no hiding place for the Putin oligarchs, because Russian companies are involved in developing Russia. . “
Asked if the new constitution would allow the confiscation of UK property of Russian oligarchs, Truss replied: “Nothing is on the table. . . What these rules help us to do is to achieve many goals. ”
After being pressured to determine whether the new sanctions could cost the UK money, Truss said “protecting democracy and democracy” was more important than “short-term financing”.
The parliamentary law and security committee said that by 2020 the city of London had provided “better ways” to recover illegal money, adding that it had “become”laundry ”marine resources.
A 2018 report by the House of Commons Foreign Committee of Moscow Gold states: “The use of the City of London as a base for the Kremlin-linked fraudulent economy is now in line with Russia’s broader approach and is affecting our national security. ”
The National Crime Agency says spending in the UK costs £ 100bn annually.
But last week it happened that the government stopped bringing in Economic Criminal Bill is designed to end bullying of the bulletproof industry and expose marine business owners with assets in the UK.
Layla Moran, an outspoken spokeswoman for the Liberal Democrat, said Truss should move forward and pursue the UK’s secret assets in Russia.
“It has been six years since the UK government approved the idea of a register of foreign ownership, which would help eliminate the Kremlin-affiliated oligarchs from squandering their dirty money in our country,” he added. “After 2,000 days, the Conservative government has failed to submit the registry.”
Lord Francis Dannatt, a former senior government official, told Times Radio that Johnson’s domestic problems at closed state parties had reduced his ability to deal with the Ukraine crisis.
“He ‘s going anywhere in Eastern Europe this week, but everyone knows he’ s someone with a time bomb,” he said.
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