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Russian businessman Shvidler loses UK sanctions bid at top court

By Martin Coyle ( July 29, 2025, 09:54 GMT | Insight) -- Eugene Shvidler, a billionaire Russian-born businessman, has lost his latest bid to overturn sanctions imposed on him following Russia’s invasion of Ukraine. The Supreme Court also today dismissed an appeal by Russian businessman Sergei Naumenko, whose luxury yacht, named M/Y Phi, was detained in London in March 2022, also as part of sanctions measures.Eugene Shvidler, a billionaire Russian-born businessman, has lost his latest bid to overturn sanctions imposed on him following Russia’s invasion of Ukraine. ...

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