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A billionaire ally of Russian businessman Roman Abramovich renewed his bid to overturn British sanctions at the Court of Appeal on Wednesday, saying he was targeted because of pressure put on then. -January 17, 2024 at 05:16 pm EST
- MarketScreener
A billionaire ally of Russian businessman Roman Abramovich renewed his bid to overturn British sanctions at the Court of Appeal on Wednesday, saying he was targeted because of pressure put on then Foreign Secretary Liz Truss by a Cabinet colleague. Oil tycoon Eugene Shvidler was sanctioned in March 2022 on the grounds of his association with former Chelsea Football Club owner Abramovich. Britain also cited Shvidler's position as a director of London-listed Russian steel producer Evraz and role at Russian oil company Sibneft, sold by Abramovich in 2005, as evidence he obtained a financial benefit from Abramovich.