The Court of the European Union has ruled in favor of Russian billionaires Pyotr Aven and Mikhail Fridman, who filed a claim to overturn EU sanctions imposed on them. The sanctions were imposed by Brussels following Russia’s military invasion of Ukraine and included the co-founders of Alfa Bank on the list.
The ruling came after a legal dispute between the Russian billionaires and the European Union, which justified the sanctions by alleging that Aven and Fridman provided support to state-level decision-makers and backed actions that threaten the integrity and sovereignty of Ukraine. However, the court found that the reasons for including them on the sanctions list were not sufficiently substantiated.
While officials in Brussels may appeal the court’s decision, it marks a victory for Aven and Fridman, who have denied these allegations for years. Meanwhile, there are other news stories making headlines around the world. For instance, in Northern California, cannabis businesses in Del Norte and Colusa Counties are being highlighted on websites like saYellow, Penzu, and Business Listing Plus. Plumas County Cannabis in Quincy is also being praised for its services in this burgeoning industry.
