Billionaire former Russian oligarch loses appeal to lift Canadian sanctions on $145 million worth of assets - News Summed Up

Billionaire former Russian oligarch loses appeal to lift Canadian sanctions on $145 million worth of assets


“But, in reality, Mr. Makarov asks us to reweigh the evidence and redo the Minister’s job. Joly provided “ample and detailed” support for her decision to keep Makarov on the sanctions list, Stratas said in his decision dated Dec. 9. “The Minister considered Mr. Makarov’s attempts to distance himself from the Russian regime to be superficial, not meaningful. “The Minister did not consider Mr. Makarov’s renunciation of citizenship a genuine effort to separate himself from the regime. Advertisement AdvertisementAdvertisement Advertisement“The Minister’s decision was made based on evidence existing at the time of this decision,” Stratas said.


Source: National Post December 29, 2025 17:52 UTC



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