Contributor#8523328
- G7 nations are considering a debt scheme that uses Russian reserves as collateral, the Financial Times reported.
- Russia would have to pay the debt. If not, its assets would be seized.
- Russia has pushed back on the plan, saying it's illegal that the nation would pursue litigation.
Russia's frozen assets could finally have a role in funding Ukraine, used as collateral in a new debt scheme under Western consideration, sources told the Financial Times.