Ukraine: Humanitarian Aid

(asked on 21st November 2022) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether he is taking steps to allocate funds generated from the sale of Chelsea Football Club to humanitarian causes in Ukraine.


Answered by
Leo Docherty Portrait
Leo Docherty
This question was answered on 29th November 2022

The proceeds from the sale are currently frozen in a UK bank account, and they cannot be moved or used without a licence from the Office of Financial Sanctions Implementation (OFSI). An independent foundation is being established by humanitarian experts outside the Government to manage and distribute the funds for humanitarian purposes in Ukraine. A licence application will need to be made to move the funds to the foundation once established. The Government will closely scrutinise the details of any proposal to maintain the integrity of the sanctions regime.

Reticulating Splines