The Russian billionaire claims that sanctions imposed over the invasion of the Ukraine have caused him severe reputational damage. 9News
Steel mogul Alexander Abramov launched legal action against Foreign Affairs Minister Penny Wong after the former government's April sanctioning of 67 Russian elites and oligarchs over Moscow's invasion of Ukraine.
The sanctions caused severe reputational harm and the legal consequences have led to continuing financial losses, his lawyer Ron Merkel QC told the Federal Court today.He wants the sanctions to be removed, arguing they're unique to Australia as no other country has placed similar bans on Abramov, who co-founded Russia's largest steel producer, Evraz.Australia's sanctions have also impacted Abramov's dealings in New Zealand, Merkel said.
He said the case was unusual as public announcements by former foreign minister Marise Payne, explaining her decision, would form part of the suit. On April 7, Payne announced the government had decided to impose "targeted financial sanctions and travel bans" on 67 individuals "for their role in Russia's unprovoked, unjust and illegal invasion of Ukraine".
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russia to open duty-free shops selling western imports to foreign diplomatsGoods must be paid for in foreign currency, a practice reminiscent of Soviet-era beryozka stores
Read more »
Russia-Ukraine war live: Scholz insists turbine at centre of Russian gas row works; 10m Ukraine border crossings since invasionGerman chancellor says no reason to hold up return of turbine behind energy standoff; UN says number of border crossings from Ukraine passes 10m mark
Read more »
Russian billionaire sues Foreign Minister Penny Wong over sanctionsAccording to his lawyer, the sanctions caused severe reputational harm and the legal consequences have led to continuing financial losses. 9News
Read more »
Wong, ASEAN warn on China ‘miscalculation’Foreign Minister Penny Wong has warned China’s high-profile military exercises around Taiwan could lead to accidental conflict as Beijing hit back at calls from the West to exercise calm.
Read more »
Albanese and Wong tight-lipped on response to Chinese missile exercisePrime Minister Anthony Albanese and Foreign Minister Penny Wong have refused to wade into a war of words after China responded to Nancy Pelosi's visit to Taipei by carrying out a missile exercise in Taiwanese waters.
Read more »
Tanya Plibersek says she will block Clive Palmer’s proposed coalmine near Great Barrier ReefAustralia’s environment minister says billionaire Palmer’s Central Queensland Coal proposal would likely have ‘unacceptable impacts’ on reef
Read more »