A European Union court has rejected an appeal by Russian billionaire Dmitry Pumpyansky to be removed from the bloc's sanctions list for his alleged ties to the Kremlin. The EU General Court, the bloc's second-highest tribunal, dismissed his appeals, as well as those of Pumpyansky's wife and son. The founder of Russia's biggest steel-pipe maker, TMK, Pumpyanskiy was included in sanctions by the EU in March 2022 for being among 36 businesspeople who met with Russian President Vladimir Putin to discuss the EU sanctions. Kremlin-connected billionaire Gennady Timchenko also reportedly lost his appeal to the General Court. Both are expected to appeal further.
EU Court Dismisses Russian Steel Tycoon's Bid To Avoid EU Sanctions
Dmitry Pumpyansky (file photo)