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EU Relief Does Little to Unlock Mikhail Fridman's Frozen Wealth

Original: EU Relief Does Little to Unlock Russian Tycoon Mikhail Fridman’s Wealth

The European Union has granted some form of relief to Russian-born tycoon Mikhail Fridman, but it has done little to actually release his frozen assets. Bloomberg reports that despite the easing of measures, Fridman's wealth remains largely inaccessible, highlighting how slowly sanctions delistings translate into real financial freedom for sanctioned oligarchs.

Why now: Ongoing debate over sanctions on Russian oligarchs and whether delisted individuals can regain access to frozen assets

Mikhail FridmanEuropean UnionRussia

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Evidence

• EU Relief Does Little to Unlock Russian Tycoon Mikhail Fridman’s Wealth · Bloomberg.com

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