Russia: sanctioned, the ex-boss of Sibur lodges a complaint against the EU | War in Ukraine

This complaint against the Council of the European Union (EU) was registered on Wednesday and appeared on Friday on the website of the CJEU. Mr. Konov thus joins the growing number of Russians legally contesting their inclusion in the list of European sanctions, such as Piotr Aven and Mikhail Fridman of Alfa Bank or Roman Abramovich.

EU“,”text”:”I don’t think this is a fair decision based on what is provided as evidence and based on the reasoning set out in the EU Council decision”}}”>I don’t think this is a fair decision based on what is provided as evidence and based on the reasoning set out in the decision of the Board ofEUMr. Konov told theAFP. The evidence is not strong enough to name me.

Became CEO of Sibur in 2006, he stepped down from all his functions with the group after it was added to the European and British sanctions lists in March, as part of the measures aimed at Russia for its military intervention in Ukraine. He remains one of the group’s minority shareholders.

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I am not an extremely wealthy person

We are a private company and the arguments […] that the company provides a substantial source of revenue to the government responsible for destabilizing Ukraine are not validhe added, ensuring that the majority of his taxes were paid at the regional and not federal level.

My assets in Europe are not huge, I am not an extremely wealthy person. I don’t have much in Europe except a house bought on credit and a small bank accountsaid Mr. Konov.

The last time he appeared in the list of the ranking of the richest Russians in the Russian version of Forbesin 2020, Mr. Konov came in 195th place with an estimated fortune of $450 million.

It’s a matter of principle, it’s not fair. I have many friends in Europe. I was educated in Europe, I worked in Europe for a while, so for me it’s emotionally difficulthe concluded.

Believing that sanctions were a dubious instrument in itselfMr. Konov indicated that he would challenge on time British sanctions.

The Sibur group does not currently publish a list of its shareholders, but the main ones have for years been Leonid Mikhelson, a liquid natural gas magnate, and Gennady Timchenko, an oligarch very close to power.

Dimitri Konov held 2.75% when he was hit by European sanctions.