The General Court of the European Union on Monday annulled European sanctions against a Ukrainian oligarch, harshly criticizing the evidence relied on by European countries and delivering a blow to the bloc’s fledgling sanctions regime.
The court struck down a March 2014 decision by the Council that froze the assets of Andriy Portnov. The judges blasted the EU for relying solely on accusations from the Public Prosecutor’s Office of Ukraine, without corroborating the charges.
The letter from the prosecutor, the court noted, failed “to provide any details concerning either the facts alleged against Mr. Portnov or his responsibility in that regard.”
The ruling …read more
Source: European Voice
