Russian billionaire Fridman wins appeal but remains under EU sanctions
Russian billionaire Mikhail Fridman and his business partner Petr Aven were successful in appealing against EU sanctions related to Moscow’s war against Ukraine. The European Union Court of Justice annulled the sanctions, stating that there was insufficient evidence to justify their inclusion on the list. The men remain under separate punitive measures for now, with Fridman expressing satisfaction with the court’s decision. The EU has imposed sanctions on over 1,700 individuals and entities in connection to Russia’s invasion of Ukraine, but some sanctions have been voided or not extended by the ECJ.