According to documents published on the Court’s website, oligarchs Grigori Berezkin and Gennady Timchenko are seeking compensation for “immaterial damage” suffered as a result of European sanctions.
Mr. Berezkin invokes “serious damage to his reputation”, while there is “no material link between him and Russian policy in Ukraine”. He further claims that he does not support the Russian government and seeks symbolic damages of one euro.
Residing in Switzerland, Mr. Timchenko is claiming one million euros. He accuses the European Union of an “error in judgement” regarding its association with Russian President Vladimir Putin.
The European Union reacted Friday to the escalation of violence on the Ukrainian front with new sanctions targeting the Russian economy and the military-industrial complex of Vladimir Putin’s regime. Russian media broadcast licenses will also be suspended once more. This is the ninth round of sanctions imposed on Russia.
The sanctions list now has 1,500 names, following the addition of 190 people or entities on Friday. These include senior army officers, magistrates, oligarchs, politicians and local administrators.
