The Government is actively considering sanctioning New Zealand-linked Russian oligarch Alexander Abramov, though such a move could have "impacts on New Zealanders". Foreign Minister Nanaia Mahuta on Tuesday confirmed the Government was deciding whether to directly sanction Abramov. Australia sanctioned Abramov in April, citing his position as co-founder and chairman of major Russian steel firm Evraz. Abramov owns a fifth of Evraz, and was chairman of its board until he resigned in March. David White/Stuff Russian Billionaire Alexander Abramov owns this palatial property in Helena Bay, Northland.

Source: Stuff May 17, 2022 04:21 UTC