Labour ministers yet to hold talks over Abramovich funds

Labour ministers have not yet engaged in discussions with key figures involved in unlocking the £2.5bn pledged for Ukraine from Roman Abramovich’s sale of Chelsea, which remains frozen in a UK bank account. The UK government and Abramovich’s lawyers are at odds over how the funds should be allocated, with the former insisting on humanitarian efforts inside Ukraine only, while the latter wants the money to benefit all victims of the war in Ukraine. Despite ongoing talks, a resolution to the dispute remains elusive, with the need for a political decision by a minister to break the impasse and release the funds for humanitarian causes.

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