EU court dismisses Russian oligarch Usmanov's appeal against sanctions

Founder of USM Holdings Usmanov attends session during Week of Russian Business in Moscow

Russian businessman and founder of USM Holdings Alisher Usmanov attends a session during the Week of Russian Business, organized by the Russian Union of Industrialists and Entrepreneurs (RSPP), in Moscow, Russia March 16, 2017. REUTERS/Sergei Karpukhin/File Photo

Source: X00944

Russian-Uzbek metals and telecoms tycoon Alisher Usmanov will remain on the European Union sanctions list, a top EU court said on Wednesday, dismissing his appeal.

In its decision to add him to the list in March 2022, soon after Russia invaded Ukraine, the EU described Usmanov as having "particularly close ties" with Russian President Vladimir Putin.

"He actively supported the Russian government's policies of destabilisation of Ukraine," the EU sanctions decision says.

The European Court of Justice also rejected a similar appeal against the sanctions list by Russian former first deputy prime minister Igor Shuvalov.

The EU has described him as "supporting actions and policies that undermine the territorial integrity, sovereignty and independence of Ukraine".

This article was produced by Reuters news agency. It has not been edited by Global South World.

By Reuters