Russian billionaire Roman Abramovich on Wednesday lost a legal challenge to overturn sanctions imposed on him by the European Union in the wake of Russia's invasion of Ukraine, after an EU court upheld the restrictions. After President Vladimir Putin ordered Russian troops into Ukraine in February 2022, the EU sanctioned Russian officials and a host of Russian businessmen, such as Abramovich, while freezing hundreds of billions of dollars of Russian assets. Abramovich had filed a legal challenge against this.
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