Former CEO of Yandex Khudaverdyan sues to lift EU sanctions

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Tigran Khudaverdyan, former CEO of Yandex NV, the parent company of the Yandex group, filed a lawsuit with the Council of the European Union in March demanding the lifting of EU sanctions. The relevant document is available at: Web site European Court.

The lawsuit was filed on 7 June. He says the reasons for Khudaverdyan’s inclusion on the sanctions lists are insufficient and there is no credible evidence to support them.

The lawsuit further states that the sanctions violated the former CEO of Yandex’s rights to respect for property, respect for private and family life, freedom of business and presumption of innocence.

In addition, Khudaverdyan stated that he considers the restrictive measures introduced by the European Council as discrimination.

in March became knownHe said Khudaverdyan stepped down from the board of directors and the company’s deputy chief executive officer, as well as his positions at the company’s Dutch subsidiaries during the listing of EU sanctions.

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