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UK Uses Frozen Russian Assets to Arm Ukraine as Medvedev Threatens Seizures

The shift from freezing to spending Russian wealth marks a new phase that tests legal boundaries.

Overview

  • Defence Secretary John Healey said more than £1 billion from immobilised Russian assets paid for Ukraine-bound munitions, air-defence missiles, spare parts and new support contracts.
  • The Ministry of Defence detailed purchases including hundreds of thousands of artillery rounds and hundreds of air-defence missiles to sustain Kyiv’s war effort.
  • Dmitry Medvedev warned Russia could seize British property and take more Ukrainian territory in retaliation, saying Moscow would seek to “return it in kind.”
  • Medvedev threatened to confiscate “valuables of the British Crown” in Russia and insulted Foreign Secretary David Lammy as “the English idiot.”
  • UK figures show roughly £25 billion in Russian assets frozen domestically, with the Treasury estimating allied sanctions have deprived Russia of more than £297 billion since 2022.