Mordashov challenged the decision to impose sanctions against him in the EU Court.

Mordashov challenged the decision to impose sanctions against him in the EU Court.
Photo is illustrative in nature. From open sources.
The lawsuit was filed on May 6. BLOOMBERG notes that its review could take years. The representative of Alexei Mordashov called the sanctionsunfair Alexei Mordashov

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

A representative of the entrepreneur 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 unfair. 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.

FT reported Orban's unwillingness to support sanctions against RUSSIA Politics

The European Union announced sanctions against Mordashov on February 28. At the same time, 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 included in the European sanctions list.

On the same day, Mordashov's press service transmitted to 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 was engaged in the development of 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, associated with him. In March, she transferred 4.1% of TUI AG to the Russian Severgroup LLC, owned by Mordashov, leaving 29.9% behind. On March 18, from a disclosure statement on the London Stock Exchange, it became known that Mordashov transferred a 29.9% stake in the TUI Group to his wife Marina.

On May 11, a Bloomberg source reported that Mordashov sold his stake in the National Media Group (NMG). A 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 are Channel One, REN TV, Channel Five, STS and St. Petersburg 78.ru. 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, government officials and their families.