Europe's top court rejects sanctions against Saudi businessman

Yassin Kadi was on EU blacklist
Europe's top court rejects sanctions against Saudi businessman
By Reuters
Thu 18 Jul 2013 02:34 PM

Europe's highest court ruled that European Union sanctions on Saudi businessman Yassin Kadi were unjustified on Thursday, saying EU governments had failed to provide sufficient evidence that he was involved in terrorist activities.

Kadi was put on an EU blacklist after being included on a United Nations list of people suspected of supporting Osama bin Laden directly after the Sept. 11, 2001, attacks on the United States.

"The European Union may not impose restrictive measures on Mr Kadi," the EU Court of Justice in Luxembourgsaid in a statement.

For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Subscribe to our Newsletter

Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.