Tigers Realm shareholders,including billionaire Paul Little,are set to approve the sale of its Russian coal mines but a sanctions complication looms.
Australian authorities are examining a proposed deal that would benefit a fund that has been described as a “slush fund” for Russian President Vladimir Putin.
While most Australian businesses left Russia after the invasion of Ukraine,one coal miner backed by billionaire philanthropists ploughed ahead,reaping a net profit of $46 million in the past year.