Russian oligarchs, financial company lose appeal against EU sanctions
Russian oligarchs Gennady Timchenko and Mikhail Fridman and Russia's National Settlement Depository on Sept. 11 lost their appeal against EU sanctions imposed against them.
Russian oligarchs Gennady Timchenko and Mikhail Fridman and Russia's National Settlement Depository on Sept. 11 lost their appeal against EU sanctions imposed against them.
Ukraine's High Anti-Corruption Court approved the Justice Ministry's claim to nationalize a manufacturing enterprise belonging to Russian oligarch Viktor Kononov worth more than Hr 2 billion ($48.4 million), the Security Service of Ukraine (SBU) said on July 25
Russia's wartime economy has earned a dozen oligarchs $11 billion in dividends as Russian natural resource and finance giants earn record profits during the full-scale invasion of Ukraine, Bloomberg reported on July 9.
Russian oligarch and business tycoon Dmitry Pumpyansky has successfully appealed against sanctions imposed by the European Union, according to a decision by the EU General Court published on June 26.
The Dutch government ruled in May to end exemptions that allowed Russian fishing companies to offload their products in the Netherlands, which has typically been one of Europe's largest importers of Russian seafood.
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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