“The Court of the European Union in Luxembourg rejected the lawsuit of Russian businessman Oleg Deripaska for the lifting of EU sanctions.”, — write: epravda.com.ua
The Court of the European Union in Luxembourg rejected the lawsuit of Russian businessman Oleg Deripaska for the lifting of EU sanctions. The Moscow Times writes about this with reference to the Russian propaganda news agency TASS. The restriction against the businessman was introduced a few months after the start of the full-scale war in Ukraine – in April 2022. Deripaska appealed this decision in November of the same year. The arguments of the defense of the billionaire were reduced to the fact that the Council of the EU made a “manifest error” in assessing the reasons for the introduction of restrictive measures, and also violated the “right to effective judicial protection” and the “principle of proportionality and fundamental rights”. Advertisement: In addition, Deripaska insisted on recovery of 1 million euros from the Council of the EU as “non-material damage” that he suffered. Rejecting the businessman’s claim, the court in Luxembourg ordered Deripaska to pay all court costs, including those of the Council of the EU. In 2022, the US Court of Appeals for the Capital District of Columbia denied Deripaska the lifting of sanctions imposed against him due to “Russia’s interference in the 2016 presidential election.” Then the court emphasized that “there is no evidence” that the US government introduced restrictive measures against the businessman “for far-fetched reasons.” Before that, the EU court rejected the collective action of Russian businessmen Mykhailo Fridman, Petro Aven, Herman Khan and Gennady Timchenko, who sought the right not to declare their assets in EU countries as part of sanctions. Also, the court again upheld the restrictions against the ex-owner of the Uralchem company, billionaire Dmitry Mazepin. Advertisement: We will remind: the US Treasury Department reported on May 14 the disclosure of the scheme by which the sanctioned Russian oligarch Oleg Deripaska tried to gain access to frozen 1.5 billion dollars for with the help of the Austrian Raiffeisen group.