Parliament must sit over weekend if necessary to sanction oligarchs

Responding to reports that Ministers are planning emergency legislation to accelerate sanctions against oligarchs, Liberal Democrat Foreign Affairs Spokesperson Layla Moran MP said: "We’ve had weeks to get our house in order so we could take action against Putin’s cronies. Now, while oligarchs begin their asset fire sale, it turns out the Government is unable to sanction them.  "New legislation must be brought forward immediately - with an emergency session of Parliament over the weekend if necessary. We do not have a second to lose.”  Liberal Democrat Leader Ed Davey MP said:    "Liz Truss has told us for weeks that Putin's cronies would have 'nowhere to hide' from the UK's sanctions. It is deeply worrying to hear that her department is potentially incapable of applying sanctions to Kremlin-linked oligarchs.    “Our allies have been able to - we have no excuse. We're letting Putin's cronies get away with it once again."