Abramovich's business partner decides to challenge UK sanctions in court

Shvidler said Britain did the wrong thing when it imposed sanctions on him. London made "significant errors" in assessing its business relationship with Abramovich,

The HEAD of the Millhouse company and business partner of businessman Roman Abramovich, Yevgeny Shvidler (FORBES estimates his fortune at $1.7 billion), decided to challenge the UK sanctions imposed against him in a London COURT, writes BLOOMBERG.

The statement, writes the agency, Shvidler's lawyers filed in February. They believe Britain made "material errors" in its assessment of the plaintiff's business relationship with Roman Abramovich.

“The UK government was wrong to sanction me. <…> I hope that the UK courts will agree and deal fairly with me,” Shvidler said in a statement.

Bloomberg learned about Tinkov's request to London to lift sanctions Politics

The businessman's lawyer, Michael O'Kane of the law firm Peters and Peters, said the imposition of sanctions is disproportionate to how London sees Shvidler's influence on Russia's authorities. "He can in no way influence the policy of the Russian government in Ukraine, which should be the target of these sanctions," O'Kane said.

Shvidler himself told the agency that he had persuaded former British transport minister Grant Shapps to remove the tweets and video of the plane owned by the businessman. The official in the caption to the video wrote that "Putin's friends" are being sanctioned.

“I wrote to him pointing out that it was completely wrong and two weeks ago he deleted those tweets. He did it because he knew that what he said was wrong. It was an abuse of power,” Shvidler said.

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Shapps is now head of the UK Department of Energy. They did not respond to the agency's request for comment.

The British Foreign Office said that London's sanctions are designed as part of a "fair and transparent legal framework" that ensures the protection of those who fall under them. “This means that every individual or entity that falls under the sanctions has the right to challenge such a decision, and there is a clear legal path for this,” the agency spokesman said.

Shvidler is a British citizen and claims he never had a Russian passport, writes Bloomberg. He came under the sanctions of London in March last year. The British government said in a statement that restrictive measures were introduced for actions "threaten the territorial integrity, sovereignty or independence of Ukraine." The sanctions include a ban on entry into the country and the blocking of all funds and assets.

Shvidler's business partner, Roman Abramovich, is also under British sanctions (Forbes estimates his fortune at $9.4 billion). Restrictive measures against the latter, explained London, were introduced due to ties with the Kremlin and Russian President Vladimir Putin.