However Mr Wallace accused Mr Putin and his “totally complicit” generals of “hijacking” the reminiscence of Russian troops repelling the Nazis in the Second World Battle.
As a substitute he stated they’re “inflicting unnecessary struggling in the service of lowly gangsterism”.
In Moscow, Mr Putin claimed that his assault on Russia’s neighbour was essential to chase away “a completely unacceptable risk simply subsequent to our borders”.
He reportedly added on the Victory Day celebrations that the West has been “getting ready for the invasion of our land, together with Crimea”.
However, requested by journalists after a speech at London’s Nationwide Military Museum in Chelsea, south-west London, Mr Wallace bluntly denied that Nato and western allies have ever deliberate to assault Russia.
“President Putin has made quite a lot of fairytale claims for months and years now,” the Cupboard minister stated.
“If it wasn’t so tragic it could be amusing, nevertheless it isn’t.
“Considered one of his claims is that he’s surrounded. Nato accounts for six% of his land border. That’s not being surrounded if solely 6% of your land border is Nato international locations.
“I feel he’s believing what he needs to imagine – a slight shine of desperation. However let me placed on the document categorically: Nato, Britain, japanese Europe will not be planning to invade Russia and by no means has carried out.”
Mr Wallace accused the Russian regime of “mirroring (the) fascism and tyranny” of Nazi Germany because the Moscow parade to have a good time the 1945 victory over Hitler’s forces was below means.
The Defence Secretary stated Russian struggling was used below the Soviets “as it’s now, to cowl up the inadequacy of these ruling in security and luxury from behind the Kremlin partitions”.
“Worry and sycophancy dictated behaviours then, and at the moment’s Russian armed forces nonetheless carry that Soviet imprint – the imprint of amorality and corruption,” he stated.
“They’re those who actually insult the reminiscence of the Immortal Regiment. So let’s name out the absurdity of Russian generals resplendent in their manicured parade uniforms, weighed down by the gold braid and glistening metals.
“They’re totally complicit in Putin’s hijacking of their forebears’ proud historical past of defending towards the ruthless invasion, of repelling fascism and sacrificing themselves for larger goal.
“And now they’re those inflicting unnecessary struggling in the service of lowly gangsterism and for them, and for Putin, there will be no victory day, solely dishonour and certainly defeat in Ukraine.”
Mr Wallace’s speech got here after International Secretary Liz Truss accused Russia of warfare crimes over the bombing of a college in japanese Ukraine the place civilians have been sheltering.
As much as 60 are feared lifeless after the varsity in Bilohorivka in the Luhansk area of japanese Ukraine was bombed and caught hearth on Saturday.
On Sunday, G7 leaders together with Boris Johnson and US President Joe Biden held talks with Ukraine’s president Volodymyr Zelensky.
The Prime Minister informed his counterparts “the world should go additional and sooner to help Ukraine” towards the Kremlin’s invading forces.
The UK has pledged an additional £1.3 billion in navy help to Ukraine, in a dramatic escalation of help for Mr Zelensky’s forces.
It’s the highest price of UK navy spending on a battle for the reason that top of the campaigns in Iraq and Afghanistan.