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‘Incomprehensible’ that Abramovich’s Chelsea funds not yet spent on Ukraine

Lords report says UK government must break impasse over details of how frozen assets should be spent

Peers have criticised the UK government for failing to agree a deal with the former Chelsea owner Roman Abramovich to spend £2.5bn from his sale of the London football club.

Members of the House of Lords’ European affairs committee have described ministers’ failure to spend the money on Ukraine “incomprehensible”, nearly two years after the sale was agreed.

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