1 year ago
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RUSSIAN oligarch Roman Abramovich has lost an appeal against the EU’s decision to freeze his funds over his links to tyrant Vladimir Putin.
The ex-Chelsea FC owner, 57, has been slapped with sanctions from the UK and the EU but has previously denied any financial relationship with despot Putin.
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AlamyThe EU also rejected his plea for compensation in a double blow to the oligarch’s attempt to fight the sanctions today.
Abramovich is one of the richest people in Russia and is one of many powerful players in the country to be sanctioned since Putin’s brutal invasion of Ukraine.
The EU said on Wednesday that Abramovich is a majority shareholder in major steel and mining company Evraz, which gives “a substantial source of revenue to the Russian Government”.
The UK’s own sanctions against Russian assets in Britain resulted in his selling of Chelsea for £4.25 billion after 19 years of ownership.
Putin’s supposed pal also made claims today that his freedom had been infringed upon by sanctions from the EU blocking him from travelling amongst member nations.
EU judges rejected all of his claims and said it had not veered from it’s initial assessment.
It said Abramovich had access to Putin and had a working relationship with him, helping the oligarch to remain obscenely rich.
Almost 1,800 individuals and entities such as companies or organisations have been slapped with sanctions since Russia invaded Ukraine – beginning with Crimea in 2014.
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