Posts Tagged ‘browder’
Russia puts British reporter on banned list
Reuters
Russia has put a British reporter for the Guardian newspaper on a list of people banned from entering the country because he entered a closed security zone without permission, a law enforcement source said on Tuesday.
Guardian correspondent Luke Harding was refused entry at passport control in Moscow this weekend, had his visa annulled and was put on a plane back to Britain, his newspaper said.
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Doing business in Russia is like playing roulette
Russia looks attractive for investment and business development, but the problem of possible risks still remains.
As says CBS Interactive Business Network, due to poor law enforcement, the proliferation of weapons and corruption, Russia suffers from a wide variety of crime. According to the Time, in country exists a thing, “known as reiderstvo, or “raiding,” a term that describes an array of illegal tactics — including identity theft, forgery, bribery and physical intimidation — used by corrupt policemen, tax officials, lawyers and financiers to seize a person’s business or property”. According to the Time, businessmen not only risk losing their assets, but they can also end up in jail on trumped-up charges brought by corrupt law enforcement officials and prosecutors.
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If human rights is to be fundamental to foreign policy, the Government must seek justice over the death of Sergei Magnitsky
Two years after the false arrest, torture while in police custody and death of tax lawyer Sergei Magnitsky, the United Nations is launching a formal investigation after a 100 page report was submitted by Redress, a leading UK NGO on torture. UN Special Rapporteurs on Torture, Extrajudicial, Summary or Arbitrary Executions and the Independence of Judges and Lawyers will be carrying out formal investigations on the case.
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Medvedev Takes Pass in Davos on Rule of Law
President Dmitry Medvedev went to the World Economic Forum in Davos last week to woo global investors to Russia with claims of significant economic improvements on his watch.
He outlined an ambitious 10-step strategy to improve the investment climate in Russia. The laundry list of economic plans unveiled by the president included efforts to privatize dozens of state-owned companies, to create an international financial hub in Moscow and to set up a sovereign fund to reduce investor risks. Medvedev’s strategy is well-intentioned and competently crafted.
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Interview: Browder Sees ‘Tipping Point’ In Western Attitudes To Russia
Bill Browder’s Hermitage Capital Management fund was the biggest foreign investor in Russia until he was kicked out of the country in 2005.
Once one of the Kremlin’s biggest public supporters, Browder is now spearheading a campaign to enact international sanctions against 60 Russian officials after a lawyer for Hermitage, Sergei Magnitsky, died in prison last year.
Browder spoke to RFE/RL correspondents Irina Lagunina and Gregory Feifer about that campaign and the reasons behind it.
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Russian pundits question Medvedev’s, deputy PM’s investor reassurances at Davos
Ekho Moskvy
Independent radio Ekho Moskvy has asked prominent experts to comment on a speech given by First Deputy Prime Minister Igor Shuvalov at the World Economic Forum in Davos on 27 January. Shuvalov was in particular quizzed about the fate of the Hermitage Capital fund. Shuvalov told William Browder, head of the fund, that attention should be focused on the positive trends in Russia, and that 20 people had been dismissed following the death in custody of Hermitage Capital lawyer Sergey Magnitskiy.
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Russia attacked over state corruption, death of Sergei Magnitsky
Russia’s attempts to present itself as a modernising force and a good place for business came under sharp attack in Davos after Bill Browder, the investor waging a campaign against state corruption, took the Deputy Prime Minister to task in a private session.
Russia has taken a leading role at this year’s annual meeting of the World Economic Forum in Davos, with President Dmitry Medvedev delivering the opening speech and an entire forum given over to “Russia’s Next Steps to Modernisation”.
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Fallen investor spoils Russia show for investors
A former big investor in Russia, who accuses the government of stealing his firms and killing his lawyer, spoiled on Thursday a Russian show in Davos meant to woo investors.
Bill Browder, who had around $4 billion invested in Russia through his Hermitage fund, says he had to flee Russia after accusing officials of corruption and saw some of his firms being stolen from him by Interior Ministry officials. One of his lawyers, Sergei Magnitsky, died in jail last year from what Browder says was torture.
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New ski resorts — in Russia’s restive Caucasus
The timing couldn’t have been worse. Russia’s government unveils a plan to build five ski resorts in the majestic, largely uncharted slopes of the Northern Caucasus. And asks executives at the World Economic Forum to join in the $15 billion investment.
The problem: The Wednesday night presentation came two days after a bomb blast pummeled the international arrivals terminal of Moscow’s largest airport, killing 35. Suspicions immediately fell on extremists from the Northern Caucasus — including Chechnya, which fought two wars with Moscow over the last 16 years, and the neighboring Russian republic of Dagestan, future home to one of the new resorts.
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