Banks Tell Britain Government That Curb on All Russian Savers Won't Work and Illegal
KONTAN.CO.ID - LONDON. Banks in Britain have warned the government that a plan to ban all Russians from holding more than 50.000 pounds (US$ 65.430) in their accounts, is illegal and unworkable. Five sources said.
When Russia invaded Ukraine, the government said that all Russians would be banned from holding large deposits at UK banks. Prime Minister Boris Johnson saying it was part of a strategy aimed at isolating Moscow.
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