Published December 20,2023
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The European Union‘s high court docket on Wednesday upheld sanctions towards Russian billionaire Roman Abramovich that had been positioned upon him after Russia’s invasion of Ukraine.
After President Vladimir Putin ordered Russian troops into Ukraine in February 2022, the EU sanctioned Russian officers and a bunch of Russian businessmen, resembling Abramovich, whereas freezing a whole lot of billions of {dollars} of Russian property.
Abramovich had launched a authorized problem towards this.
“The General Court dismisses the action brought by Mr Abramovich, thereby upholding the restrictive measures taken against him,” stated the EU’s high court docket in a ruling.
Abramovich, who additionally holds Israeli citizenship and is a former proprietor of Chelsea soccer membership, turned one of many world’s most highly effective businessmen after the 1991 break-up of the Soviet Union. Forbes estimates his web price at $9.2 billion.
Source: www.anews.com.tr
