Russia’s UK embassy denounces G7 loans to Ukraine as ‘fraudulent scheme’

LONDON: The Russian embassy in London on Saturday described Britain’s planned transfer to Ukraine of more than 2 billion pounds ($2.5 billion) backed by frozen Russian assets as a “fraudulent scheme.”
Britain said in October it would lend Ukraine 2.26 billion pounds as part of a much larger loan from the Group of Seven nations backed by frozen Russian central bank assets to help buy weapons and rebuild damaged infrastructure.



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