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Hot Topic Accountants
General Business
4 mins to read
2

Russian billionaire ‘humbled and grateful’ NZ sanctions lifted

Alexander Abramov’s luxury Helena Bay Lodge will now complete a multi-million-dollar refit and development.

Alexander Abramov.

Hamish McNicol Thu, 10 Apr 2025

A multi-million-dollar refit and development will commence on a luxury Northland lodge linked to Russian billionaire Alexander Abramov after the New Zealand Government lifted sanctions against him.

In October 2022, Abramov was sanctioned by the New Zealand Government, following Russia’s invasion

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Hamish McNicol Thu, 10 Apr 2025
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Alexander Abramov Winston Peters Russian sanctions Westpac Christopher Seel
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