Stop the Untouchables. Justice for Sergei Magnitsky.

Hermitage Capital: Tax Officials Stole $33M

The Moscow Times

Hermitage Capital Management on Thursday released a new exposé about officials implicated in the death of its lawyer Sergei Magnitsky, accusing them of siphoning off 1 billion rubles ($33 million) of state money through illegal tax refunds.

The complaint, filed with the Investigative Committee, says a Moscow district tax inspection office, headed at the time by Olga Stepanova, authorized the refunds in seven tranches to a small company called TekhProm in 2007 and 2008.

This is the same tax inspection office that Magnitsky accused of separately embezzling 5.4 billion rubles in a similar scheme in 2006 and 2007.