25
January 2011

Davos Man and Khodorkovsky

Wall Street Journal

The Russian phrase for it is pryamoi razgovor, and it’s rare to hear from Russia’s political elite: straight talk. But that’s what a senior adviser to Russian President Dmitry Medvedev delivered last week about the latest show trial of former oil tycoon Mikhail Khodorkovsky.

Mr. Khodorkovsky was Russia’s richest man until he earned the ire of Vladimir Putin by supporting liberal political causes and attempting to open his oil company to the West. Imprisoned in 2003 on charges of tax evasion, he was set to go free this year. But he was retried last year for different crimes and sentenced to six more years in Siberian prison.

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24
January 2011

Hedge Fund Lawyer’s Death Gets UN Probe

FIN Alternatives

The death of hedge fund lawyer Sergei Magnitsky is now the subject of a United Nations investigation.

Juan Mendez, the UN’s special rapporteur on torture, has opened a probe into Magnitsky’s death in 2009 after nearly a year in jail awaiting trial on tax fraud charges. Magnitsky, in a series of notes he kept during his confinement in some of Moscow’s most notorious jails, claimed to have been denied adequate medical treatment, and supporters say he was tortured.

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24
January 2011

Here comes the Russian bear

The Sunday Telegraph

When Russian President Dmitry Medvedev takes to his feet in a swanky new conference centre in the Swiss resort of Davos this Wednesday he will need to make the speech of his life.

For although the Kremlin is still basking in the afterglow of BP’s landmark £10bn share-swap deal with state-controlled oil giant Rosneft, the clouds are gathering. Mr Medvedev’s message to the great and good of the global business elite will be that Russia is “open for business” and committed to making life easier for foreign investors. Show us your money and ideas, send us your experts, and let us buy stakes in your companies in order to make it a two-way process, he will say.

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21
January 2011

UN Launches Investigation Into Russian Lawyer’s Prison Death

Radio Free Europe

The United Nations has launched an investigation into the death of Russian anticorruption lawyer Sergei Magnitsky under what have been described as torturous pretrial jail conditions.

According to a statement released by Hermitage Capital Management, the investment advisory firm that Magnitsky represented, the UN special rapporteurs on extrajudicial executions, the independence of lawyers and judges, and torture have initiated an “unprecedented investigation” into the circumstances surrounding Magnitsky’s death in late 2009.

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21
January 2011

UN opens investigation into Magnitsky torture claims

The Daily Telegraph

The United Nations has launched an investigation into the death and alleged torture of Sergei Magnitsky, the Russian lawyer who perished in jail after accusing senior Moscow officials of orchestrating a $230m (£145m) fraud.

The UN Special Rapporteur on Torture, Juan Mendez, has begun procedures to investigate the death in jail of Mr Magnitsky after an application from Redress, a London-based anti-torture human rights group.

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21
January 2011

Rights experts to investigate jail death of Russian lawyer

The Washington Post

U.N.-appointed human rights experts have agreed to explore the death in pretrial detention of a Moscow lawyer who was arrested after filing accusations of police involvement in a multimillion-dollar embezzlement scheme, a colleague who has vowed to avenge his death said Thursday.

The decision comes at the request of Redress, a British human rights organization that works on behalf of torture victims. The lawyer, Sergei Magnitsky, who was outside counsel to the investment fund Hermitage Capital Management, died in a Moscow jail in November 2009 in what have been described as torturous conditions. He had been in jail 358 days.

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19
January 2011

Risks of investing in Russia today

BNN – Business News Network

BNN – Business News Network is Canada’s only all business and financial news channel. On Wednesday 19th January 2011, BNN speaks to Bill Browder about the risks of investing in Russia today. займ онлайн займ на карту онлайн https://zp-pdl.com/apply-for-payday-loan-online.php https://zp-pdl.com/online-payday-loans-cash-advances.php займы онлайн на карту срочно

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19
January 2011

Invest in Russia or not?

Russia-IC

According to the Maplecroft research, Russia has climbed five positions in the ranking of the most risky countries for the investment. In this rating list Russia stands among countries that suffer from armed conflict, but this fact doesn’t affect much the income of investors.

According to Political Risk Atlas of British consulting company Maplecroft, endemic corruption on all government levels, the absence of independent judiciary and business rules, an increased risk of expropriation, non-effective business management and unreliable law enforcement make Russia on of ten most risky countries for the investors. For the last year Russia has climebed five points and figures in top ten of 196 risky-investment countries in the rating. It’s important to note, that Russia made such a worrying jerk at the same time having some obligations to fight against terrorism on its territory, as opposed to the other countries in the list. In the rating list of countries with high risk for the investment, Russia stands near Zimbabwe and North Korea.

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18
January 2011

Pro-Kremlin party leader calls MEP’s suggestions in Khodorkovsky’s case attempt to put pressure on Russia

RIA Novosti

Suggestions made by some European Parliament members in the case of Russian ex-oil tycoon Mikhail Khodorkovsky and his business partner Platon Lebedev are an attempt to put pressure on Russia, Russia’s ruling party leader Boris Gryzlov said.

Members of the European Parliament led by Estonian Group of the Alliance of Liberals and Democrats for Europe deputy Kristiina Ojuland moved to impose economic sanctions and travel restrictions on Russian officials involved in ex-oil tycoon Mikhail Khodorkovsky’s trial and conviction.

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