COURT OF JUSTICE OF THE EU / Russia

General Court upholds freezing funds for Almaz Antey weapons manufacturer

Brussels, 25/01/2017 (Agence Europe)

On Wednesday 25 January, the General Court of the EU rejected the appeal launched by the Russian company, Almaz-Antey Air and Space Defense against the 2014 decision made by the Council of the EU (Case.T-255/15) to freeze its funds for having supported Russia’s destabilisation efforts in Ukraine through the public provision of weapons to the Russian state and retroceded by the latter to separatist rebels in Ukraine (see EUROPE 11133).

The Court finds that this decision by the Council was...