"EU Court Rejects Abramovich's Challenge, Upholds Sanctions on Russian Billionaire"

The European Court of Justice has upheld the inclusion of Russian billionaire Roman Abramovich on the European Union's sanctions list following Russia's invasion of Ukraine. Abramovich had challenged his inclusion, claiming an "infringement of fundamental rights," but the court dismissed his case, stating that the EU did not err in its assessment. The court also rejected Abramovich's claim for compensation. The EU had placed Abramovich on the sanctions list due to his close ties to Russian President Vladimir Putin and his role as a major shareholder in a Russian steel and mining company. Almost 1,800 individuals and entities are currently on the EU's sanctions list.