Luxembourg's excuse for de-listing Russian oligarch Mikhail Fridman fails to convince

Luxembourg Prime Minister Luc Frieden defended his government's push to delist Russian oligarch Mikhail Fridman from the EU sanctions list, citing a $16 billion arbitration claim Fridman has brought against the country.

However, lawmakers revealed that Frieden lacked awareness of EU rules designed to prevent member states from having to compensate sanctioned individuals.

Photo: Eduard Kryzhanivskyi/Ministry of Foreign Affairs of Ukraine/Global Images Ukraine via Getty Images.