Former Chelsea owner Roman Abramovich has lost in his legal effort to reverse sanctions enforced by the European Union for his function in the Russian intrusion of Ukraine
BySAMUEL PETREQUIN Associated Press
December 20, 2023, 5: 29 AM
FILE – Then Chelsea soccer club owner Roman Abramovich participatesin the UEFA Wprophecy’s Champions League last soccer match versus FC Barcelona in Gothenburg, Sweden, May 16,2021 On Wednesday, Dec. 20, 2023, Abramovich lost in his legal effort to reverse sanctions slapped by the European Union for his function in the Russian intrusion of Ukraine. Abramovich had submitted a suit at the EU’s basic court versus the European Union Council, which last year enforced penalty on the 57-year-old oligarch as part of procedures targeting Russia and President Vladimir Putin’s close allies. (AP Photo/Martin Meissner, File)
The Associated Press
BRUSSELS — Former Chelsea owner Roman Abramovich lost in his legal effort to reverse sanctions slapped by the European Union for his function in Russia’s intrusion of Ukraine, with an EU court dismissing his claim Wednesday.
Abramovich had submitted a claim at the EU’s basic court versus the European Union Council, which enforced penalty on the 57-year-old oligarch in 2022 as part of steps targeting Russia and President Vladimir Putin’s close allies.
“The General Court dismisses the action brought by Mr Abramovich, consequently maintaining the limiting steps taken versus him,” the court stated Wednesday. “The Council did not in truth err in its evaluation by choosing to consistof then keep Mr Abramovich’s name on the lists at problem, in the light of his function in the Evraz group and, in specific, its momsanddad business.”
When it approved Abramovich, the 27-nation bloc stated he “had fortunate gainaccessto” to Putin and “maintained extremely excellent relations with him,” permitting the magnate to “maintain his substantial wealth.” According to the EU, Abramovich’s financial activities offered substant
