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[INTERNATIONAL] · EU, Russia, Ukraine, Israel, Portugal · 15 sources

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Roman Abramovich loses third legal challenge against EU sanctions

The EU General Court has dismissed the third legal challenge by Russian billionaire Roman Abramovich seeking to overturn European Union sanctions. The court upheld the decision to freeze his assets and maintain travel restrictions, which were extended by the EU Council through September 2025 and March 2026.

Abramovich, who holds Russian, Israeli, and Portuguese citizenship, argued that the sanctions were an attempt to exploit his public notoriety rather than being based on objective criteria. He also contested the process, claiming that decision-making power had been improperly delegated to working groups rather than the Council itself. The court rejected these arguments, ruling that the sanctions are objective, precise, and proportionate.

The court found that the measures target prominent businessmen operating in Russia, specifically those in sectors that provide substantial revenue to the Russian government. The ruling highlighted Abramovich’s significant stakes in Evraz, a major steel and mining group, and Norilsk Nickel, a leading producer of palladium and nickel. These industries are considered key sources of funding for the Russian state during the ongoing conflict in Ukraine.

Entities

Chelsea FC · European Union · European Union Council · European Union General Court · Evraz · Norilsk Nickel · Roman Abramovich

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2 days ago