Published December 20,2023
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The European Union‘s high courtroom on Wednesday upheld sanctions in opposition to 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 number of Russian businessmen, equivalent to Abramovich, whereas freezing a whole bunch of billions of {dollars} of Russian property.
Abramovich had launched a authorized problem in opposition to this.
“The General Court dismisses the action brought by Mr Abramovich, thereby upholding the restrictive measures taken against him,” mentioned the EU’s high courtroom 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 value at $9.2 billion.
Source: www.anews.com.tr