The nature of Russia’s political system cannot by itself prove that sanctioned individuals control Russian-linked companies, judges have ruled
The EU’s top court has rejected claims that the nature of Russia’s political system can be used as the sole justification to freeze assets belonging to Russian-linked companies, after bloc member Lithuania cited Russian President Vladimir Putin when taking action against an electricity supplier.
The Court of Justice of the European Union (CJEU) made the finding on Thursday in a case involving Lithuania’s 2022 decision to freeze the funds of electricity supplier Inter Rao Lietuva, which was not itself on…
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