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UK must deal with Russian money in London city, says PM Boris Johnson

Britain has an issue with Russian money funnelling through the City of London and it must be dealt with, PM Boris Johnson said

Boris Johnson
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UK Prime Minister Boris Johnson outside 10 Downing Street in London. (Photo: Reuters)

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Britain has an issue with Russian money funnelling through the City of London and it must be dealt with, Prime Minister Boris Johnson said on Sunday.

Johnson has threatened to impose harsh sanctions on Russia if it invades Ukraine, with Russian companies blocked from raising capital on financial markets, and the ownership of companies and properties revealed.

“We have an issue with Russian money in the city,” Johnson told the BBC. "We've got to deal with that.”

“All the signs are that the plan has already in some senses begun.”

Intelligence suggests Russia intends to launch an invasion that will encircle Ukrainian capital Kyiv,

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First Published: Feb 20 2022 | 10:56 PM IST

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