Russian Billionaire Files Appeal Over EU Sanctions

  • Usmanov also seeks suspension of penalties by EU General Court
  • Cases increase since EU sanctions over Ukraine invasion
Alisher UsmanovPhotographer: Andrey Rudakov/Bloomberg
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Russian metals billionaire Alisher Usmanov appealed the European Union’s decision to impose strict sanctions on him in response to Russia’s invasion of Ukraine.

Usmanov, who owns 49% of Metalloinvest, filed an appeal at the EU’s General Court on April 29, asking the bloc’s second-highest tribunal also to suspend the sanctions until judges make a final decision, according to a court filing. A spokesperson for Usmanov declined to comment.