Ex-Yandex Head Takes EU to Court Over Sanctions

Ex-Yandex Head Takes EU to Court Over Sanctions

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The previous head of Russia’s prime tech agency Yandex Tigran Khudaverdyan has challenged sanctions in opposition to him over the Ukraine conflict in a European Union court docket.

Khudaverdyan filed a lawsuit on June 7 demanding the European Council elevate its “discriminatory and disproportionate” sanctions in opposition to him. The lawsuit was first reported by TV channel RTVI on Monday night.

Khudaverdyan stop as Yandex government director and deputy CEO in March after being hit with an EU asset freeze and journey ban. On the time, Brussels accused Yandex, typically dubbed “Russia’s Google,” of manipulating search outcomes and “hiding info” from the Russian public.

However, within the court docket submitting, Khudaverdyan argued that he “doesn’t help the actions of the Authorities of the Russian Federation regarding interventions in Ukraine.”

Khudaverdyan was the de facto head of Yandex for numerous years whereas founder Arkady Volozh formally remained CEO of the corporate. Volozh stop in June after being focused by European sanctions following the invasion of Ukraine.

Yandex itself is unaffected by Western sanctions, although its shares have collapsed for the reason that begin of the combating.

Along with being Russia’s largest search engine, Yandex’s sprawling enterprise empire covers taxi companies, e-commerce, quick meals supply, on-line training and a number of different excessive tech companies.

A minimum of 20 Russian billionaires have launched authorized challenges in opposition to EU sanctions imposed after the invasion, Bloomberg reported in early June.

Greater than 1,000 Russian people, together with President Vladimir Putin, are on the EU sanctions listing.

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