EU Court Rejects Abramovich's Third Sanctions Appeal
The European Court of Justice rejected Roman Abramovich's third attempt to have sanctions lifted, upholding the EU's decision to freeze his assets and ban his entry into the bloc. The court ruled that his ownership of major stakes in Russian metal and mining companies, which generate significant revenue for the Russian government, justified the sanctions.
Consensus
- The European Court of Justice rejected Roman Abramovich’s third appeal against EU sanctions.
- Abramovich has been under EU sanctions since March 2022.
- The sanctions include freezing of assets and a ban on entry into the EU.
- The court found that Abramovich's ownership of major stakes in Evraz and Norilsk Nickel justified the sanctions.
- The companies he owns are in metal and mining industries that provide significant revenue to the Russian government.
- The court ruled that the criteria for inclusion in the sanctions list were objective, precise, and proportionate.
- Abramovich had also requested compensation for moral damage, which was denied.
Points of divergence
- The court explained that the decisions were made by working groups, not the Council itself, and the Council only relied on their results. — kommersant
- Deutsche Bank reported possible sanctions violations in 2026 regarding Russian clients, and a raid occurred at the bank’s headquarters related to companies linked to Abramovich. — tg_echoonline_news
- Brussels justified the sanctions based on Abramovich’s links to Vladimir Putin and his large stake in Evraz. — tvrain
- The court rejected Abramovich’s argument that the sanctions were based on his public fame, stating that the basis was his shareholdings in companies. — tg_moscowtimes_ru
Coverage (5 sources)
- EU Court rejects Abramovich's claim for sanctions relief for the third time — Коммерсантъ
- Abramovich failed to get EU court to lift sanctions against him for the third time — ЭХО / Новости
- EU Court rejects Abramovich's appeal for sanctions revocation for the third time — Дождь (Telegram)
- EU Court rejects Abramovich's request to lift sanctions for the third time — Дождь
- European Court rejects Abramovich's lawsuit to lift sanctions — The Moscow Times
Key entities
- Abramovich
- EU
- Court
- European Union
- EU Council
- European Court
- Ukraine
- Norilsk Nickel
- Council of the European Union
- Court of Justice of the European Union
- European Union
- Evraz