Australian authorities scrutinize ASX-listed Russian coal miner's $76M asset sale.

Australian federal authorities are examining an ASX-listed Russian coal miner's $76M asset sale, as it would return funds to a sanctioned shareholder, the Russian Direct Investment Fund (RDIF), which is a "slush fund" for Russian President Vladimir Putin. The US Treasury has labelled the RDIF as such, while the Australian government sanctioned the fund and its CEO, following Russia's invasion of Ukraine.

April 21, 2024
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