Roman Abramovich loses third attempt to overturn EU sanctions
A top EU court on Wednesday rejected Russian billionaire Roman Abramovich’s third attempt to overturn sanctions against him over the war in Ukraine. The former owner of Chelsea football club, who has close ties to the Kremlin, was added to bloc’s asset freeze and visa ban blacklist in 2022 after Moscow’s invasion of its neighbour. Read More:…
On Wednesday, the European Union's General Court denied Russian oligarch Roman Abramovich's third attempt to challenge EU sanctions imposed on him due to Russia's invasion of Ukraine in 2022. Abramovich, a prominent figure linked to the Kremlin, was previously added to the EU's blacklist of sanctioned individuals and assets in 2022.
The court rejected Abramovich's argument that the EU was unfairly exploiting him due to his public notoriety. Instead, it ruled that his sanctions were legally justified because he held significant stakes in metals companies Evraz and Norilsk Nickel, both of which served as substantial revenue sources for the Russian government.
Abramovich, who had already faced two earlier rejections of his appeals in 2023 and 2025, is just one of many Russian businessmen currently contesting EU sanctions.
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