First, they cannot and could not legally confiscate the Russian money. They will be forced to pay. The courts in the Real World will see that is corrected…
Second, Russia will not resolve the conflict without its money. If you freeze money because of “Russian aggression,” you have made that money part of the peace negotiations. You spend it illegally, you will have to come up with it or lose assets to cover it…
Third, how do you intend to use Russian money to rebuild Ukraine? If you have money from Russia, it means that the facility you rebuilt belongs to Russia. Russia can seize it or destroy it for it is theirs with their money…
WtR