Two Russian billionaires, Mikhail Fridman and Piotr Aven, are now off the EU sanctions list after the European Court of Justice approved their removal today. “None of the reasons cited are sufficiently substantiated and therefore their inclusion on the sanctions list was not justified,” said the Luxembourg-based court's ruling, which ruled that the EU countries had failed to present sufficient evidence. to justify their decision. Specifically, the court announced that the European Council may have grounds to show that Friedman and Aven have close ties to Russian President Vladimir Putin, but (this) does not prove that the two men may have supported actions or policies against of Ukraine or that they have financially supported the Russian decision-makers. Both men's financial resources and funds were frozen after the European Council imposed restrictions due to the Russian invasion and […]
Source: News Beast
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