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

Gentrack hits $213m revenue, profit dips
Markets

Gentrack hits $213m revenue, profit dips

Software firm won't pay dividend as it plans for more growth in consolidating markets.

Former Warehouse boss' $2.2m golden parachute
Retail

Former Warehouse boss' $2.2m golden parachute

Former CEO's payout included a discretionary payment of three months’ notice in lieu.

Gregor Thompson 26 Nov 2024
Genesis: from dirty to desirable
Markets

Genesis: from dirty to desirable

Genesis argues it is undervalued; at least one analyst agrees.

Ian Llewellyn 25 Nov 2024
Crunch time for Du Val founders
Property

Crunch time for Du Val founders

A tearful Charlotte Clarke details the pressure of personal receivership.  

Garth Bray 25 Nov 2024