Putin’s ally says UK will have to pay back to Russia its funds sent to Ukraine

Investing.com -- The speaker of Russia’s lower house of parliament, Vyacheslav Volodin, voiced his concerns on Friday about Britain’s decision to send Russian assets to Ukraine. The funds, which had been frozen by the British government, amount to approximately $1 billion and are intended to support Ukraine’s military efforts.

Volodin, a close ally of Russian President Vladimir Putin, made his statement following an announcement by Ukrainian Prime Minister Denys Shmyhal. Shmyhal confirmed that Ukraine had received the first portion of the funds from Britain.

Volodin criticized Britain’s actions, stating that it was a severe breach of international law to transfer funds that belong to Russia to Ukraine. He insisted that Britain would have to return the money to Moscow, according to the parliament’s press service.

The Russian official also warned that Britain’s decision could damage trust in its financial system permanently. He stated that such an action undermines the principle of property inviolability, a cornerstone of the global financial system.

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