Department for Levelling Up, Housing and Communities written question – answered at on 14 March 2022.
Kate Osamor
Labour/Co-operative, Edmonton
To ask the Secretary of State for Levelling Up, Housing and Communities, what assessment he has made of the potential merits of the proposal by the Mayor of London to seize properties owned by Russian oligarchs.
Eddie Hughes
Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
The Government is already taking action against the billions of pounds worth of UK property accumulated by the Russian state-linked individuals and companies. We have frozen the assets of those individuals on the sanctions list and are taking further steps on land ownership transparency through the Economic Crime Bill. We will set out details in due course. If the Mayor of London wants to make further suggestions via his office, he is welcome to get in touch with my officials.
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