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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Decision on lifting EU sanctions against Alisher Usmanov and sisters expected soon

Russian president Vladimir Putin with Alisher Usmano
Russian president Vladimir Putin with Alisher Usmanov, billionaire and founder of USM Holdings. Photograph: SPUTNIK/Reuters

Sanctions imposed on the Russian billionaire Alisher Usmanov and his two sisters could be suspended after a legal challenge at the European court of justice by the businessman once described as one of Vladimir Putin’s “favourite oligarchs”.

Usmanov, as well as his sisters Saodat Narzieva and Gulbakhor Ismailova, each filed separate legal appeals in April in an attempt to overturn sanctions that have blocked them from travelling across the EU or making use of assets located in member states, including a $600m (£484m) yacht.

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