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

LONDON, Dec 21 (Reuters) - 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. The loans were agreed in July by leaders of the G7 - Britain, Canada, France, Germany,...