High Court rules against releasing sanctioned oligarch Roman Abramovich's funds

Haaretz

Lean Left

High Factuality

Independent: Salman Schocken

Media Conglomerate: M. DuMont Schauberg

High Court rules against releasing sanctioned oligarch Roman Abramovich's funds

The ruling overturns a previous court order to the bank to transfer an eight million shekel donation from Roman Abramovich to the ZAKA search and rescue organization. The ruling noted that approving the donation despite the sanctions would 'expose the bank to various risks'