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Law
6 mins to read

Firm linked to Russian billionaire fights Westpac account closure

Sanctioned Russian billionaire Alexander Abramov-linked investment business has taken court action against the bank.

Alexander Abramov.

A New Zealand investment business which has been linked to sanctioned Russian billionaire Alexander Abramov has taken court action against Westpac Bank to stop it closing its bank account, saying the move will have significant effects.

But Westpac has argued it was entitled to stop providing banking

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Hamish McNicol Wed, 08 Feb 2023
Contact the Writer: Hmcnicol@nbr.co.nz
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Firm linked to Russian billionaire fights Westpac account closure
Law,
97588
true