Not so funny: EU Court partially lifts sanctions

12:09 Nov. 30, 2016

EU Court partially lifts sanctions

Russian businessman and billionaire, head of the board of Russian Ice Hockey federation Arkady Rotenberg (AP photo)

Part of Rotenberg's claims on sanctions was recognised consistent

The Court of Justice of the European Union has cancelled part of sanctions imposed upon Russian businessman Arkadiy Rotenberg, the UNIAN agency reports on Wednesday. 

The pack of sanctions acting against Rotenberg from July 2014 to March 2015 was announced inconsistent, although other limitations acting since March 2015 were affirmed. 

"With today's decision, the Court partially approved Mr Rotenberg's stated claims on lifting sanctions," the institution's decision says. 

Arkadiy Rotenberg is a top-level Russian building and pipeline tycoon, known for his long-time friendship with Russian president Vladimir Putin, he was even a judo sparring partner for many years. After Putin came to office, Arkadiy Rotenberg quickly became a billionaire with an exclusive access to government contracts.

Read also Canada imposes fresh sanctions on 15 Crimean collaborators

In particular, Rotenberg's businesses won the tender on building a bridge between the mainland Russian and occupied Crimean peninsula. In 2014, just after Russia annexed Crimea, Arkadiy Rotenberg was included in the EU sanctions list, together with other Russian top officials and oligarchs tied with the policy of threatening Ukraine's integrity and sovereignty. 

Read also EU Commission "sees no argument" for lifting anti-Russian sanctions

 



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