EU court annuls sanctions against Russian billionaires Fridman, Aven imposed Feb 2022-March 2023

The European Union Court of Justice on Wednesday annulled the inclusion of Russian billionaires Mikhail Fridman and Petr Aven on a European Union sanction list between February 2022 and March 2023.

"The General Court considers that none of the reasons set out in the initial acts is sufficiently substantiated and that the inclusion of Mr Aven and Mr Fridman on the lists at issue was therefore not justified," the Luxembourg-based court said in a statement.