
- Foreign Secretary Ed Miliband faces growing pressure to resolve the standoff over the £2.6 billion proceeds from Roman Abramovich's sale of Chelsea Football Club.
- The funds have remained frozen in a UK bank account since May 2022, after Abramovich was sanctioned due to his links with Vladimir Putin's regime.
- Liberal Democrat foreign affairs spokesman Calum Miller urged the government to stop dragging its feet and take Abramovich to court to release the money for Ukrainian war victims.
- Although a government licence was issued last December permitting the transfer of funds to a Ukrainian humanitarian foundation, no transfer has yet been made.
- Miliband stated that the government remains determined to resolve the issue and is pushing international allies to utilise frozen Russian assets to support Ukraine.
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