Lord Beamish
Main Page: Lord Beamish (Labour - Life peer)Department Debates - View all Lord Beamish's debates with the Cabinet Office
(2 years, 10 months ago)
Commons ChamberI thank the Prime Minister for his statement and welcome the sanctions against the three individuals that he has named. However, the regulations that he referred to, which will be discussed later today, will be effective only if there is the political will to implement them. Proposed new regulation 6(4) of the Russia (Sanctions) (EU Exit) Regulations 2019 defines an individual as being
“involved in obtaining a benefit from or supporting the Government of Russia”.
The right hon. Member for Dundee East (Stewart Hosie) said—and this is a fact—that oligarchs who are operating in this country with property are supporting the Russian Government financially and politically. Will we bring sanctions against those individuals? The Prime Minister named Abramovich, but he is one of many.
Yes. We will target any individual or company of strategic importance to Russia.