RUSSIAN oligarch Roman Abramovich has lost an appeal against the EU’s decision to freeze his funds over his links to tyrant Vladimir Putin.
The ex-Chelsea FC owner, 55, has been slapped with sanctions from the UK and the EU but has previously denied any financial relationship with despot Putin.
GettyRussian oligarch and ex-Chelsea owner Roman Abramovich[/caption]
The EU also rejected his plea for compensation in a double blow to the oligarch’s attempt to fight the sanctions today.
Abramovich is one of the richest people in Russia and is one of many powerful players in the country to be sanctioned since Putin’s brutal invasion of Ukraine.
The EU said on Wednesday that Abramovich is a majority shareholder in major steel and mining company Evraz, which gives “a substantial source of revenue to the Russian Government”.
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