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Two Russian bankers have come closer to wriggling off the EU blacklist due to flimsy evidence, auguring badly for similar court rulings expected before summer.

BRUSSELS (Reuters) - The European Union Court of Justice ruled on Wednesday to remove Russian billionaires Mikhail Fridman and Petr Aven from a list of individuals facing European Union sanctions after Russia's attack on Ukraine in 2022.

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Russian businessmen Mikhail Fridman and Petr Aven won a court case Wednesday over a European Union decision to sanction the pair for their alleged role in Russia’s war against Ukraine. The EU General Court said a lack of evidence justified their removal from the list of persons submitted to restrictive measures between February 2022 and March 2023. Fridman is a founder of Alfa Group and ranked as one of Russia’s wealthiest tycoons.

A European Union court on Wednesday annulled EU sanctions on two Russian businessmen, Petr Aven and Mikhail Fridman. The ruling by the European General Court applies to sanctions imposed on the two men between February 2022 and March 2023 for their connection to Russian President Vladimir Putin and the full-scale invasion of Ukraine. The EU has slapped multiple rounds of sanctions on Moscow over the Ukraine war targeting Russia's economy and top government officials as well business figures with