EconomyFridman’s access to EU assets remains limited despite sanctions removal
Businessman Mikhail Fridman is unlikely to gain access to a significant share of his Luxembourg-based assets despite being removed from the EU sanctions list last week, Bloomberg reported. Fridman holds 37.9% of LetterOne, which managed $21.5 billion at the end of 2025. Experts expect European institutions to remain cautious while he stays under UK and US sanctions, limiting his ability to receive dividends or other assets until relevant licenses are secured.
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TASS★★☆☆☆2026-10-02 18:52Original
Fridman’s access to EU assets remains limited despite sanctions removal