Story perspectives
UK Foreign Secretary Seeks Release of £2.5bn Chelsea Funds
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Story summary
- UK Foreign Secretary seeks release of the £2.5 bn Chelsea sale funds.
- The £2.5 bn has been held in a Barclays account since May 2022.
- The money was pledged to aid war-victims in Ukraine wherever they reside.
- A December licence limited use to Ukraine, a condition Roman Abramovich rejected.
- George Graham of Save the Children UK said releasing the funds would have huge global impact.