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Home News EU Luxembourg

Russian oligarch launches €15bn lawsuit against Luxembourg

Newsroom by Newsroom
August 15, 2024
in Luxembourg
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Russian oligarch Mikhail Fridman has filed an international arbitration lawsuit against Luxembourg seeking almost €15 billion in compensation, the prime minister’s office confirmed on Wednesday.

The oligarch is seeking billions in compensation after the country froze his assets when he was hit by EU sanctions.

“We can confirm that Mr Mikhail Fridman has launched an international arbitration against the Grand Duchy of Luxembourg in this matter,” a spokesperson for the Ministry of State told the Luxembourg Times in an email. The spokesperson declined to comment further on the…



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