Posts Tagged ‘Hermitage’

06
September 2011

Magnitsky case reopening ‘immoral’ – mother

Russia Today

The mother of Hermitage Capital lawyer Sergey Magnitsky, who died at a Moscow pre-trial detention center in 2009, has called the decision to reopen the case against her son “immoral” and said she is “afraid of” investigators.

Natalia Magnitskaya has submitted a statement to Russian Prosecutor General Yury Chaika and the chief of the Interior Ministry’s Investigations Department, Valery Kozhokar.

“The Constitutional Court ruling, passed on July 14, gives relatives the right to initiate a resumption of the investigation, closed after the suspect’s death for the purpose of his rehabilitation,” it reads, as cited by Interfax agency.

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06
September 2011

Magnitsky mother to be questioned by her son’s alleged killers

Emerging Markets

Sergei Magnitsky’s mother has been summoned for an interrogation as part of the tax evasion case reopened against the Hermitage Capital lawyer in July, 20 months after his death in a Moscow jail.

Natalia Magnitskaya will be questioned as a witness by police officers whom Hermitage accuses of torturing the anti-corruption lawyer to death, the British fund said in a statement.

Magnitskaya’s planned interrogation on September 8 is “a cynical and cruel action designed to suppress his family’s efforts in seeking justice”, Hermitage said.

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02
September 2011

Sergei Magnitsky, the death that shakes the Kremlin

Le Nouvel Observateur

(Translation from Original French text)

While Russian police recently raided the headquarters of BP in Moscow that Putin seems to have decided to become president of the country, here is the article I published last week in the “Nouvel Observateur” on d ‘a case that caused a stir in Russia.

It was a Muscovite like millions of others. Yet his death – heroic – will perhaps change the course of relations between Russia and the world. Sergei Magnitsky was a modest jurist who, unfortunately for him, discovered the huge embezzlement organized by a group of leading Russian officials. To silence him, he was thrown into prison, where for a year, he was tortured and denied care. He did not give. Despite excruciating pain, he refused to withdraw his testimony against the top brass. And November 16, 2009, it was left to die alone in a filthy cell.

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31
August 2011

Great Britain might introduce sanctions against the Russians on the Magnitsky List

WPS: What the Papers Say

MacShane said, “Magnitsky’s death was gruesome but nobody has ever been brought to answer for it even though identities of these people are known. Hermitage Capital is a British company. Its head William Browder is a citizen of Great Britain. The authorities of Great Britain cannot remain a disinterested observer.”

“Since Moscow is clearly unwilling to prosecute the people whose decisions and actions resulted in the death of an innocent, it becomes our duty. Putin and Medvedev ought to be reminded that the days of Josef Stalin are over and impunity with them. The United States has made its contribution. It’s our turn now.”

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24
August 2011

Russian rights activists want list of suspects of lawyer’s death to be extended

Interfax

Excerpt from report by corporate-owned Russian news agency Interfax

Moscow, 24 August: Human rights activists hope that investigators will manage to identify all those guilty of Hermitage Capital fund lawyer Sergey Magnitskiy’s death in a Moscow remand centre.

The Investigations Committee extended the term of the investigation of the criminal case of Magnitskiy’s death until 24 November.

“We would like to hope that the extension of the probe will be justified in terms of bringing to justice all those guilty [of the incident],” Tatyana Lokshina, deputy head of the Moscow office of Human Rights Watch, has told Interfax news agency.

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22
August 2011

This Hedge Fund Manager Is Up 5% And He’s Been Fighting Corrupt Russians

Business Insider

Hemitage Capital’s chief executive, hedge fund manager Bill Browder, is up 5% YTD and he’s doing it while fighting corrupt Russians.

Browder’s $1 billion hedge fund made most of its money investing in Russian companies — until he had a falling out with authorities. Now Browder is not allowed in the country.

He was banned from entering Russia, “blacklisted” and named a “threat to national security,” after accusing Russian tax officials of corruption and embezzlement in 2006, according to a report in The Economist.

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22
August 2011

U.S. shouldn’t overrate Russian gamesmanship

The Blade

Beware of Russians bearing gifts.
But not too much.

Disguised as a goodwill gesture, Russia’s plan to restart nuclear talks with Iran is in fact a tit-for-tat ploy. It is designed to annoy the United States for imposing visa restrictions last month on Russian officials implicated in the death of a lawyer who had unearthed evidence of massive corruption perpetrated by the regime of Russian Prime Minster Vladimir Putin, who previously served as president.

The plan is Russia’s barely veiled threat to drop its reluctant support of international sanctions imposed on Iran for its apparent efforts to develop nuclear weapons.

It is not the first time Russia has tried to spite Washington in the wake of the visa restrictions imposed after a lawyer for Hermitage Capital Management, once the largest foreign investor in Russia, died in police custody on trumped-up charges of tax avoidance. In fact, he was arrested for alleging a $230 million state-orchestrated fraud.

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22
August 2011

Bill Browder: the man making Moscow squirm over the death of Sergei Magnitsky

Daily Telegraph

Bill Browder is a man on a mission. “I want to change Russia and change human rights advocacy in Russia in a profound way,” the hedge fund millionaire says with almost messianic zeal, in his sparsely furnished offices in London’s Golden Square.

It is, safe to say, an unusual ambition for a successful financier with $1bn of assets under management. But Browder has had an unusual time of late.

Two years ago, the founder of Hermitage Capital Management discovered a new calling. The catalyst was the tragic death of a colleague, Sergei Magnitsky, a 37-year-old tax lawyer and married father of two, at the hands of the Russian state. Until then, Browder’s activism had been limited to boardroom battles against corruption in Russia, where he had been the largest foreign portfolio investor with a track record for boosting shareholder returns by cleaning up companies.

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16
August 2011

Doctors charged over Magnitsky`s death

The Voice of Russia

Russia’s Investigative Committee has charged two doctors in connection with the pre-trial detention death of lawyer Sergei Magnitsky, official spokesman for the Committee, Vladimir Markin, said. He added that a direct link was found between Magnitsky`s death and the actions of the doctors. New hearings are scheduled for August 24th.

Chief physician for the Butyrskaya prison Larisa Litvinova is charged with causing death by negligence. Dmitry Kratov, the deputy director of the prison, is charged with carelessness. If found guilty, both may face from three to five years prison.

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