Raiffeisen has been interested in buying a 1.5 billion euro ($1.6 billion) stake in the construction company Strabag, which is linked to Russian oligarch Oleg Deripaska.
The EU Court of Justice ruled on April 10 to lift sanctions against Russian business tycoons Mikhail Fridman and Petr Aven, imposed in response to the Russian full-scale invasion of Ukraine.
The enforcement actions coincide with the U.S. announcing new sanctions against Russia on the eve of the second anniversary of Russia's full-scale invasion of Ukraine.
Savvidi was listed among 25 oligarchs whose companies serve the Russian military-industrial complex and whose assets had not yet been confiscated by Ukraine.
In the 2022 decision to impose sanctions, Alisher Usmanov was described as a "pro-Kremlin oligarch with particularly close ties to Russian President Vladimir Putin."
Russian businessman Igor Churkin, who was detained in Argentina at the request of Ukraine, has applied for political asylum in the South American country, the Russian state-owned news agency TASS reported, citing Natalia Pustovalova, an official of the Russian Embassy in Buenos Aires.
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