Uzbek-born billionaire Alisher Usmanov has won a significant court victory in Germany against the European Union's sanctions regime, Die Welt reports.
Uzbek-born billionaire Alisher Usmanov has won a significant court victory in Germany against the European Union's sanctions regime, Die Welt reports.
The German paper says the EU relied on unconfirmed accusations against Usmanov, and German authorities blocked his attempts to seek legal protection for almost three years. Germany's Federal Supreme Court has now ruled those actions unlawful, according to the report.
If it stands, the ruling could become a precedent for more than 3,000 people on EU sanctions lists, forcing Europe to prove its accusations in court rather than rely on assertions.
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