On the Money: oligarchs, espionage and the overlooked

On the Money: oligarchs, espionage and the overlooked
Russian oligarch and NZ luxury bach-owner Alexander Abramov presses the flesh with Vladimir Putin in 2017. (Image: Getty)
Pattrick Smellie
Made manNew Zealand’s lack of an autonomous sanctions regime that would allow economic sanctions to be imposed on, for example, any locally connected Russian oligarchs, was a bit of an embarrassment for the government this week. The Wall Street Journal ran a prominent story about NZ sitting this one out as the rest of the western world scrambled to cripple the Russian economy in response to its war on Ukraine.NZ only appears to have one significant target, steel industry oligarch Alexander Abramov, whose private jet may have bee...

More Editor's Picks

The kiwi dollar is falling prey to the bears
Economy

The kiwi dollar is falling prey to the bears

The only worst performer is the Norwegian krone.

Rebecca Howard 26 Jul 2024
Santana Minerals gains +3.05% in NZX debut
Markets

Santana Minerals gains +3.05% in NZX debut

The company has ambitious plans for a new gold mine in Otago.

Rebecca Howard 25 Jul 2024
Action against Hawkins directors stalled
Property

Action against Hawkins directors stalled

Proceedings by the failed group's liquidators relate to a leaky building claim.

Maria Slade 24 Jul 2024
Stephen Tindall supports Warehouse takeover offer
Retail

Stephen Tindall supports Warehouse takeover offer

Bid from Australian private equity firm values shares at between $1.50 and $1.70.