web counter
LEXO PA REKLAMA!

SHKARKO APP

App Store
Google Play

EU court rejects Russian oligarch's appeal on sanctions

2023-09-06 13:15:00, Kosova & Bota CNA

EU court rejects Russian oligarch's appeal on sanctions

A European Union court has upheld sanctions imposed on a Russian oligarch and his wife, rejecting claims that the measures were "arbitrary" and "disproportionate", reports DW.

The General Court in Luxembourg found that, while Dmitry Alexandrovich Pumpyanskiy is not directly involved in Russia's war against Ukraine, he can nevertheless be considered "influential in the oil and gas industry" - a key source of income for the Russian government.

Pumpyanskiy, who previously owned a company that produced steel pipes for the oil and gas industry and has an estimated net worth of $2 billion, was awarded a fourth-degree "Order of Merit to the Fatherland" by Russian President Vladimir Putin in 2014.

He was hit with an EU travel ban and had his EU assets frozen in March 2022, shortly after Russia's full-scale invasion of Ukraine.

As the head of a foundation connected to his business, Pumpyanskiy's wife, Galina Evgenyevna Pumpyanskaya, was also sanctioned.

In addition to broad economic sanctions against the Russian state itself, the 27 EU member states have imposed punitive measures against around 1,800 individuals deemed to have ties to the Kremlin, including high-ranking politicians, military figures and businessmen.

According to the European court, about 60 other lawsuits have been filed against the EU and are currently pending.

Most recently, in March, the mother of the dead head of the Russian mercenary group Wagner, Yevgeny Prigozhin, had the sanctions against her canceled by the same court.

Wednesday's ruling against Pumpyanskiy, however, means other sanctions will remain in place for now, but experts say some other claimants may have a better chance of winning, with the EU's justifications for sanctions that sometimes seem wrong./ CNA





Lajmet e fundit nga