EU court dismisses Russian oligarch Usmanov's appeal against sanctions

Sign up now: Get ST's newsletters delivered to your inbox

Russian businessman and founder of USM Holdings Alisher Usmanov attends a session during the Week of Russian Business, organized by the Russian Union of Industrialists and Entrepreneurs (RSPP), in Moscow, Russia March 16, 2017. REUTERS/Sergei Karpukhin/File Photo

Russian businessman and founder of USM Holdings Alisher Usmanov attends a session during the Week of Russian Business, organized by the Russian Union of Industrialists and Entrepreneurs (RSPP), in Moscow, Russia March 16, 2017. REUTERS/Sergei Karpukhin/File Photo

LUXEMBOURG - Russian-Uzbek metals and telecoms tycoon Alisher Usmanov will remain on the European Union sanction list, a top court said on Wednesday, dismissing his appeal.

In its decision to add him to the list in March 2022, soon after Russia invaded Ukraine, the EU described Usmanov as having "particularly close ties" with Russian President Vladimir Putin.

"He actively supported the Russian government's policies of destabilisation of Ukraine," the EU sanctions decision says. REUTERS

See more on