Britain froze the assets of Russia's largest bank

Young Journalists Club | Latest news of Iran and world

News ID: 56482
Publish Date: 10:37 - 07 April 2022
Thursday, 7 April 2022 (YJC)_ The British Foreign Office has announced the freezing of assets of Russia's largest bank under the pretext of Moscow's military operation in Ukraine.

Britain froze the assets of Russia's largest bankBritish Foreign Secretary Liz Terrace announced yesterday (Wednesday) that it would freeze the assets of Asberbank, Russia's largest bank, and put eight Russian businessmen on the sanctions list, ending oil and coal imports from Russia by next year.

As British Prime Minister Boris Johnson seeks to step up pressure on the government of Russian President Vladimir Putin under the pretext of invading Ukraine, Britain has banned all foreign investment in Russia and its biggest assets, Bloomberg News reported.

The British Foreign Office said in a statement on Wednesday that Britain, in concert with the United States, had frozen all assets of Sberbank and Moscow Credit Bank and also intended to suspend all oil and coal imports from Russia by the end of 2022. Sanction eight influential Russian businessmen.

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