David Lami promises to unlock 2.3 billion pounds of frozen funds from the “Chelsea” sale

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British Foreign Minister David Lami promised to accept the “rally” that may include the trial to release the 2.3 billion pounds from the sale of Chelsea Football Club by Russian billionaire Raman Abramovich more than two years ago.

The funds that the UK government has frozen and wants to redirect to Ukraine was sitting on a bank account about specialized trust over the last two years, and it is about how money should be used.

“I am disappointed that this has not happened, it is true – and that the money needs to be distributed, they need to be used,” said Lami “Financial Time in Tokyo”. He said he goes on “oriented action” to try to break the logjam.

He stressed that his “first instinct is not a lawsuit” because this route “takes time”, although people familiar with his thinking said that the court’s appeal was one of the options for resolving this issue. The achievement of the agreement with the funds installed for the processing of cash remains another.

While he acknowledged that there were “legal difficulties” around this issue, he promised: “I determine the determination that the money goes out of the door and do my best to bring it.”

The British government’s position was that the money should be spent inside Ukraine, while the Foundation “withdrawn”, which was attended by former UK Executive Director Mike Pnerus-flexibility to support refugees who fled with the war, told us earlier.

In a report on Chelsea’s website in March 2022, the same month, his UK-Britain-Abramovich stated that the fund would “be in favor of all the victims of the war in Ukraine”, including by providing “critical and direct needs of the victims, as well as to support long-term recovery.”

Lami intervention occurs when Kiev faces pressure escalation after the US stopped all military aid. Referring to the “urgency of this point” and the need to step up the efforts to help Ukraine, he said, “I look closely at this question.”

Foreign Minister also questionna worker The idea of ​​a new multilateral Defense Bank this week to help the UK and Europe finance their protection.

Foreign Service stated: “This government is making every effort to ensure the sale of FC” Chelsea “as soon as possible to achieve humanitarian reasons in Ukraine. Currently, the revenue is frozen on the UK bank account, while the new independent fund will be created for managing and distributing money.

“Representatives of the UK continue to conduct a discussion with representatives, experts and international partners, Mr. Abramovich, and we summarize our efforts to reach the resolution.”

Abramovich’s representative did not immediately respond to a request for comment.