30
January 2012

Lawyers accuse Magnitsky investigator of exceeding powers – Hermitage

Interfax

The Moscow Bar Association has rejected a request by a Russian investigator, who asked for a defense attorney to be appointed for the family of late Hermitage Capital lawyer Sergei Magnitsky against their will, the company said.

“Article 51 of the Russian Penal Code does not stipulate the provision of legal aid in appointing an attorney for the accused. The Bar Association does not provide any particular lawyer by the appointment of preliminary investigation officers,” head of the bar association Alla Zhivina said in a letter to Moscow Central District’s investigator Boris Kibis.

An extract from the document was contained in a Hermitage press release obtained by Interfax on Friday.

“The bar’s letter to investigator Kibis also points out that he exceeded his powers by naming a specific lawyer he would like to ‘appoint’ for the Magnitsky relatives against their will,” the investment fund said.

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30
January 2012

Does the Trail to Magnitsky’s Killers Lead All the Way to the Top?

Minding Russia Blog

An interesting bit of news from a Financial Times blog with Davos gossip:

The most gripping exchange came right at the end when Bill Browder of Hermitage Capital – once the biggest foreign investors in Russia and now a bitter critic – asked the panel about the notorious death in police custody of Sergei Magnitsky, his lawyer and auditor.

The response of Igor Shuvalov, the deputy prime minister was – I think – meant to sound reasonable and reassuring. He described the case as “horrendous” and said that some people had already lost their jobs and been charged over it. But it was very difficult to get to the bottom of the case, because the “system” was protecting some guilty people.

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30
January 2012

Russia Davos party has unusual opposition flavour

Reuters

* Russian moderates feel squeezed
* Power can be lost like Gorbachev-Putin deputy
* Kudrin plays key role in Russian Davos delegation

By Dmitry Zhdannikov

DAVOS, Jan 28 (Reuters) – Kremlin clan in-fighting spilled into the open this week when government officials sympathetic with Russia’s fragmented opposition warned the country’s ultimate leader Vladimir Putin he may soon lose power if he doesn’t undertake sweeping reforms.

Putin, Russia’s president from 2000 to 2008 and now prime minister, is expected to return to the presidency after March elections, but is looking increasingly out of touch after the opposition brought tens of thousands of people onto the streets in December to demand a re-run of parliamentary elections.

Putin first dismissed the protesters as chattering monkeys financed from abroad, then backed a proposal from his protégé President Dmitry Medvedev for gradual political reform, but later had a former KGB spy appointed as Kremlin chief of staff.

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30
January 2012

Russia Criticized for Corruption at Davos Forum

Fox News

Russia is hugely represented here at the World Economic Forum.

Bill Browder of Hermitage Capital takes issue with that. “There are so many examples of high level government crime in Russia that it’s almost ridiculous that Russia is allowed to come here as a country displaying its wares. It’s like inviting the Cali drug cartel to Davos.”

Browder was one of the biggest foreign investors in Russia and a vocal anti-corruption campaigner. He was expelled from Moscow in 2005. His offices were raided in 2007. Subsequently his lawyer, Sergei Magnitsky was arrested.

Browder says, “he was tortured for 358 days and ultimately killed in prison.”

Magnitsky uncovered $230 million in tax money Browder’s company had paid to the state, but which was ultimately stolen, according to Browder, by tax police who squirreled it away in bank accounts in places like Switzerland.

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27
January 2012

Russia, Davos and the rule of law

Financial Times

Planning to invest in Russia? Here’s a reason to think again, courtesy of our colleague Gideon Rachman, blogging from the World Economic Forum in Davos. Even Igor Shuvalov, Russia’s deputy prime minister (pictured), was unable to give potential investors the assurances they wanted when speaking about the notorious death in custody of lawyer Sergei Magnitsky.

Shuvalov, himself a lawyer, acknowledged that the case was “horrendous”, but blamed “the system”.
Rachman wrote on Friday in this FT’s Davos liveblog:

The question of what is, or is not, “on the record” at Davos remains a tricky one. Yesterday, I attended a Russia session that I was advertised as “off”. However, there were scores of people in the room, and I later discovered that several had tweeted or blogged about it. Now newspaper accounts are emerging. So let me belatedly join the party.

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27
January 2012

Official comments on Russia’s visa sanctions against US citizens.

ITAR TASS

Visa sanctions against a number of U.S. citizens introduced by Moscow were not a mirror-like reaction to the drawing up of the so-called Magnitsky list in the U.S., Russia’s Deputy Foreign Minister Sergei Ryabkov said Thursday as he spoke live on the air over the Echo of Moscow radio.

The Magnitsky list he referred to is a blacklist of Russian officials, whom the U.S. denies an entry to its territory on the grounds that they were – or might have been – involved in one way or another in the controversial case of the late Russian lawyer Sergei Magnitsky, a staff-member at the Hermitage Capital Foundation consultancy based in the UK.

“We believe the Magnitsky list opens up a possibility of a major blow to bilateral relations,” Ryabkov said. “Once again, the mentality hinged on sanctions shows up. You can’t demonstrate all the time you think you have a right to punish anyone for anything.”

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27
January 2012

Davos rolling blog: day 3

Financial Times

09.15: What happens in Davos stays in Davos… or not? Gideon Rachman attended a session yesterday on Russia, and part of the conversation there – while ostensibly “off the record” – is reverberating outside the meeting room:

The question of what is, or is not, “on the record” at Davos remains a tricky one. Yesterday, I attended a Russia session that I was advertised as “off”. However, there were scores of people in the room, and I later discovered that several had tweeted or blogged about it. Now newspaper accounts are emerging. So let me belatedly join the party.

The most gripping exchange came right at the end when Bill Browder of Hermitage Capital – once the biggest foreign investors in Russia and now a bitter critic – asked the panel about the notorious death in police custody of Sergei Magnitsky, his lawyer and auditor.

Read More →

26
January 2012

Browder (Once Again) Demands Answers Over Magnitsky Death

Wall Street Journal

Another year at Davos, and another year for Bill Browder to pay the exorbitant delegate fee for the sole purpose of asking the Russian government when it will prosecute the people who killed his lawyer, Sergei Magnitsky.

Once again, it was Deputy Prime Minister Igor Shuvalov in the awkward position of taking the question. And although the session was off-the-record (after a widely-viewed embarrassment on-the-record last year), we can say with confidence that there were no surprises in his answer. Mr. Browder certainly wasn’t impressed.

“The only answer can be that…the people who killed Sergei Magnitsky are prosecuted. If they’re not, any waffling and wobbling and excuses mean nothing to the world,” he said outside the room.

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26
January 2012

Hermitage Capital’s Browder dicusses Russia at Davos 2012

Reuters

CEO and founder of Hermitage Capital Management, William Browder, gives his perspective on Russian ideas on the first day of this year’s World Economic Forum in Davos.

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