Ukraine war: Abramovich fails with lawsuit against sanctions

Ukraine war
Abramovich fails in his lawsuit against sanctions

The Russian oligarch Roman Abramovich sued the EU court – and suffered a defeat. (archive image) photo

© Anthony Anex/KEYSTONE/dpa

The sanctions because of the Russian war of aggression also affect Abramovich. The oligarch is said to have close ties to Putin. Abramovich sued the EU court – and suffered defeat.

The Russian oligarch and former owner of Chelsea FC, Roman Abramovich, has suffered defeat before the EU court. The court declared the EU sanctions against him legal and dismissed his lawsuit in Luxembourg.

Because of Russia’s war of aggression against Ukraine, the EU has so far imposed sanctions on almost 2,000 people and organizations. In March 2022, she froze Abramovich’s assets. The reason for this was that he had long-standing and close ties to Russian President Vladimir Putin. According to the EU, he is active in economic sectors that served as an important source of income for the Russian government.

Abramovich sued, but unsuccessfully. The judges have now decided that the Council of the European Union did not make an error of judgment when Abramovich was placed on the sanctions list. This will not disproportionately restrict his fundamental rights, especially since there is the possibility of using the frozen assets to cover basic needs. His application for compensation of one million euros for damage to his reputation was also rejected.

The judgment can still be appealed to the highest European court, the European Court of Justice (ECJ).

dpa

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