UK Court of Appeal upholds asset sanctions against Russian billionaires.

The UK's Court of Appeal upheld the government's asset sanctions against Russian billionaires Eugene Shvidler and Sergei Naumenko, rejecting their appeals against the asset freeze and detention of Naumenko's superyacht. The court's decision supports the UK government's pursuit of Russian assets as it faces calls to seize billions of dollars of frozen Russian assets to fund Ukraine's defense.

February 26, 2024
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