Mordashov challenged the decision to impose sanctions against him in the EU court

Aleksey Mordashov filed a lawsuit with the EU Court, challenging the imposition of sanctions against him. The lawsuit was filed on May 6. Bloomberg notes that its review could take years. The representative of Alexei Mordashov called the sanctions unlawful EU decision to impose sanctions against him” />

Alexey Mordashov

Owner of Severstal Alexei Mordashov challenged the imposition of EU sanctions against him in the EU court. The record of the filing of the lawsuit is contained in the electronic database of the court in Luxembourg, Bloomberg wrote about the lawsuit.

A representative of the businessman confirmed to RBC that the businessman filed a lawsuit with the European Court earlier in May to challenge the EU sanctions against him. “Sanctions against A.A. Mordashov are illegal and unlawful. Therefore, we will protect our interests by all available legal means, — said the interlocutor of RBC.

Bloomberg notes that litigation with the EU over sanctions could take years.

The European Union announced sanctions against Mordashov on February 28. Businessmen Mikhail Fridman, Alisher Usmanov, Pyotr Aven, Presidential Press Secretary Dmitry Peskov, Secretary of the General Council and First Vice Speaker of the Federation Council Andrei Turchak, as well as a number of other officials, businessmen and public figures were also on the European sanctions list.

< p> On the same day, the press service of Mordashov gave RBC a comment from the entrepreneur, in which he stated that he did not understand the reasons for such a step. “I am far from politics and all my life I created economic value for the companies in which I worked in Russia and abroad,” — he said then.

The businessman added that for a long time he had been developing economic, cultural and humanitarian cooperation with European countries.

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On March 4, it became known about the change in the ownership structure of Mordashov's stake in Europe's largest travel concern TUI AG. Prior to this, the Russian businessman owned 34% through Unifirm Ltd, which was associated with him. In March, it transferred 4.1% of TUI AG to the Russian Severgroup LLC, owned by Mordashov, leaving 29.9% behind. On March 18, it became known from a disclosure statement on the London Stock Exchange that Mordashov had transferred a 29.9% stake in TUI Group to his wife Marina.

On May 11, a Bloomberg source reported that Mordashov had sold his stake in the National Media Group (NMG). An RBC source close to Mordashov confirmed that he left the NMG capital a few months ago. Bloomberg estimated Mordashov's share in the media company at $30 million. NMG was also mentioned among the justifications for EU sanctions. Among its assets— Channel One, REN TV, Channel Five, STS and St. Petersburg Brussels believes that the TV channels belonging to the NMG “actively support the policy of the Russian authorities to destabilize Ukraine.”

Since the end of February, many countries have begun to introduce or tighten sanctions against Russian officials, parliamentarians, companies, representatives of the leadership and members of their families.

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