The Court of Justice of the European Union (CJEU) confirmed the freezing - ordered in February 2022 (Decision (CFSP) 2022/329) - of funds held in the EU of five businessmen active in Russia because of their activities in economic sectors that provide substantial revenue to Russia, in a judgment delivered on Thursday 26 March (joined cases C-696/23P, C-704/23P, C-711/23P, C-35/24P, C-111/24P).
The businessmen Mr Pumpyanskiy (Case T-270/22, see EUROPE B13244A24), Mr Khudaverdyan (Case...