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Reuters
Reuters
World
By Andrew MacAskill and Michael Holden

Britain has frozen 18 billion pounds worth of Russian assets

FILE PHOTO: Roman Abramovich attends a signing ceremony in Istanbul, Turkey July 22, 2022. REUTERS/Umit Bektas

The British government said on Thursday it had frozen assets worth more than 18 billion pounds ($20.5 billion) held by Russian oligarchs, other individuals and businesses sanctioned over Moscow's invasion of Ukraine.

Russia has overtaken Libya and Iran to become Britain's most-sanctioned nation, the Office of Financial Sanctions Implementation (OFSI), part of the finance ministry, said in its annual report.

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