Italy court refers case on unfreezing of Russian billionaire's assets to EU

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An Italian court has referred to the EU Court of Justice a decision on whether to maintain the freeze on billionaire Alisher Usmanov's assets worth more than 80 million euros ($88.18 million), according to a ruling. The main companies involved - Sardegna Servizi, Delemar, Punta Capaccia and Machina - appealed to the administrative court of Rome saying they were controlled by a trust in Bermuda, Pauillac Property Ltd, set up by Usmanov, but from which the businessman was excluded in February 2022.
 
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