Posts Tagged ‘guardian’

28
January 2015

Bill Browder: the Kremlin threatened to kill me

The Guardian

I’m due to meet Bill Browder at Mari Vanna, a favourite hangout for rich Russians in Knightsbridge. But when we get there the restaurant, with its rustic dacha-style Russian decor, leaves us both feeling slightly spooked. So we wander across the road to an anonymous sushi bar. Browder’s reluctance to avoid bumping into anyone with Kremlin connections is understandable. As he explains, matter-of-factly: “They [the Kremlin] threatened to kill me. It’s pretty straightforward.”

American-born Browder is one of Vladimir Putin’s most prominent critics. For over a decade he lived in Moscow and ran the most successful investment fund in Russia. Initially, he was a fan of Putin’s. But in 2005 he was deported from the country. A corrupt group of officials expropriated his fund, Hermitage Capital, and used it to make a fraudulent tax claim. They stole $230m (£153m).

Stuck in London, Browder hired a team to fight his case. The same Russian officials arrested his lawyer, Sergei Magnitsky, after Magnitsky uncovered the money trail and made a complaint. They put Magnitsky in jail and refused him medical treatment. (Magnitsky suffered from pancreatitis and gall stones.) After he had spent almost a year behind bars, guards beat him to death. He was 37 and married with two small boys.

The incident had a transforming effect on Browder. “If Magnitsky had not been my lawyer he would still be alive,” he says. He describes Magnitsky’s death as “absolutely heartbreaking”. “If he hadn’t taken on my case he’d still be enjoying his life, being a father, looking after his wife. A young man whom I was responsible for died in the most horrific way because he worked for me.”

Browder’s memoir, published next week, recounts how Magnitsky’s death changed him from entrepreneur to global human rights crusader. Its title is Red Notice: How I Became Putin’s No.1 Enemy; and it reads like a non-fiction version of a Mario Puzo thriller. There’s a ruthless crime syndicate, a mafia boss – for Michael Corleone read Putin – and a growing tally of bodies.

Ever since Magnitsky’s murder in 2009 Browder has waged an extraordinary campaign to bring the officials to justice. Not in a court of law – there’s no prospect of a trial inside Russia – but in the wider court of international public opinion.

After footslogging round Washington, Browder succeeded in persuading US Congress to pass a groundbreaking Sergei Magnitsky law. The 2012 legislation imposed visa bans on the bureaucrats implicated in Magnistky’s murder. It denied them access to US banks. Putin was furious. In 2013 a Russian judge sentenced Browder in absentia to nine years in jail, and, bizarrely, “convicted” the already-dead Magnitsky. The Kremlin sent a Red Notice warrant to Interpol demanding Browder’s extradition. Interpol refused, but Moscow is currently putting together a third extradition bid.

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22
September 2014

Russian oligarch’s arrest a warning from Putin, says hedge fund boss

The Guardian

The arrest of one of Russia’s richest men last week was an attempt by President Vladimir Putin to protect himself from a palace coup, according to one of his most vocal critics.

Bill Browder, the hedge fund manager who has become a crusader against Russian corruption, said the arrest of Vladimir Yevtushenkov was intended to send a message to any oligarch plotting moves against Putin, as the value of their assets drops in the wake of western sanctions.

Yevtushenkov was released on Friday, after being put under house arrest for three days on charges of money laundering.

As the richest man to fall into the hands of the Russian justice system since Mikhail Khodorkovsky was arrested in 2003, Yevtushenkov’s detention heightened speculation that the Kremlin wanted to take control of his oil company, Bashneft – one of the few Russian energy companies still in private ownership.

Speaking before Yevtushenkov’s release, Browder said the arrest was “more motivated by paranoia than any demand for a particular asset”, because “Putin and his underlings can always steal these assets in any number of ways”.

“I don’t know if Yevtushenkov did anything more or less irritating to Putin than the other oligarchs. I just think [Putin] randomly picked one out to make sure none of the other oligarchs are going to start challenging him or start planning any palace coups.

“Now that their wealth has been diminished by Putin’s actions, they have a big incentive to act against Putin and he knows that.”

Russia’s main stock market, Micex, has lost 6% of its value since the west tightened economic sanctions against Russia in July over its threat to the sovereignty of Ukraine, and the value of the rouble has fallen to all-time lows against the dollar.

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19
March 2014

Why London turns a blind eye to Russia’s adventurism

The Guardian

Threats to Russia over its actions in Ukraine are undermined by the warm welcome its billionaires continue to receive in the west.

The kleptocracies that have replaced the old Soviet empire are vulnerable, I wrote on these pages as the Ukraine crisis began. The freezing of their assets was a non-violent response to the threat to the integrity of a sovereign state that had not committed genocide or developed weapons of mass destruction; that had not threatened to invade a neighbour or provided any other casus belli beyond having a revolution against a fantastically corrupt government.

We might have threatened Putin’s elite support and made his backers realise that they had to choose between supporting Russian adventurism or holding on to their loot. I believed we had a fair idea of what their choice would have been.

Russia is exposed. Putin’s central bank estimated that two-thirds of the $56bn moved out of Russia in 2012 might have been the proceeds of crimes, bribes to state officials and tax fraud. English bankers and lawyers, British and Dutch tax havens in the Caribbean, and estate agents in Mayfair, the Cote d’Azur and Manhattan launder the loot.

Never mind asset freezes and visa bans; a vigorous investigation into immoral earnings by the European and north American authorities would have spread panic among the crime bosses. David Cameron sniffed weakness. He warned Moscow at the beginning of March that Russia would pay “significant costs” if it did not back down.

The crisis escalates today as Crimea votes on an anschluss with Russia under the eyes of Putin’s troops. The failure to date to impose sanctions on or make believable threats against Russian assets tells us much about Britain and the wider west, none of it flattering.

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14
October 2013

Sergei Magnitsky libel claim struck out in landmark ruling

The Guardian

Blow to ‘libel tourism’ as high court rules Russian ex-policeman does not have prior reputation to defend in England and Wales.

The high court has thrown out a libel action taken by retired Moscow policeman against a British-based businessman in connection with his campaign for justice for whistleblower Sergei Magnitsky who was murdered in prison four years ago.

The decision to strike out Pavel Karpov’s case out is being seen as a landmark blow against “libel tourism” after the judge ruled that the case could not proceed on the grounds that the Russian did not have a prior reputation in England and Wales to defend.

“His connection with this country is exiguous and therefore there is a degree of artificiality about his seeking to protect his reputation in this country,” Mr Justice Simon ruled.

Karpov was suing Bill Browder and his UK-based fund Hermitage Capital for saying he was complicit in the “torture and murder” of anti-corruption whistleblower Magnitsky on a website and in interviews on video. hairy girl займ срочно без отказов и проверок https://zp-pdl.com/best-payday-loans.php https://zp-pdl.com/emergency-payday-loans.php hairy woman

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13
August 2013

President Obama accused by senior Republican of ‘weak’ stance on Russia

The Guardian

President Barack Obama faced calls Sunday to pursue a more hawkish line on Russia, with an influential Republican foreign policy voice suggesting the US leader lacked sufficient insight over Vladimir Putin’s intentions.

Arizona senator and former White House candidate John McCain suggested that comments made by Obama following the cancellation of a meeting with the Russian president did not go far enough to address a series of grievances Washington has with Moscow, including the handling of NSA whistleblower Edward Snowden.

Obama spoke on Friday of worsening US-Russia relations but said that he did not have a “bad personal relationship” with Putin, despite the tension suggested by his body language – “that kinda slouch, like a bored kid at the back of the classroom” – when the pair meet.

Speaking on Fox News Sunday, McCain said: “The president comparing him to a kid in the back of the classroom, I think, is very indicative of the president’s lack of appreciation of who Vladimir Putin is.”

“He’s an old KGB colonel that has no illusions about our relationship, does not care about a relationship with the United States, continues to oppress his people, continues to oppress the media and continues to act in an autocratic and unhelpful fashion.”

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15
July 2013

Sergei Magnitsky trial: this is Putin’s kind of justice

The Guardian

In prosecuting a cadaver the message to Russians was clear: cross us and we’ll nail you, dead or alive.

It was an unusually bad week for Sergei Magnitsky. After a 16-month trial, the Russian accountant was found guilty of facilitating tax evasion by an investment fund for which he once worked, Hermitage Capital, to the tune of $17m. He was only charged because he had accused officials of a tax scam more than 13 times as lucrative, admittedly, but arbitrary legal processes are hardly unknown in Vladimir Putin’s Russia. It was misfortunes of a more personal nature that made Magnitsky’s trial unusual. He was dead, having expired in official custody and entered his Moscow grave more than three-and-a-half years earlier.

The chief executive of Hermitage Capital, who was convicted in absentia with his dead colleague, was appalled. According to William Browder, “Putin has brought shame on Russia … for being the first western leader in 1,000 years to prosecute a dead man”. As a statement of history, that happened to be wrong – but the precedents bring credit to neither Putin nor the Russian legal system.

Trials of the dead were actually endemic across Europe for much of the last millennium, born out of half-understood notions of Roman law, and two European rulers became particularly keen on posthumous condemnations.

The future James I resorted to them on several occasions in Scotland: in 1600, for instance, he had two alleged assassins pickled in whisky, vinegar and allspice, put on trial, and then mutilated. Seventy years later, France’s Louis XIV enacted a statute that required all dead duellists, traitors and suicides to be tried for their crimes. Such trials were considered so important that dead defendants were guaranteed the right to counsel (in a law that simultaneously obliged living ones to speak for themselves), while cadavers of limited means were made eligible for legal aid. Any corpses that were found guilty – after due consideration of the evidence – had to be drawn to a gibbet and hung there by the feet for 24 hours, before being hurled into the town cesspit.

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15
July 2013

Sergei Magnitsky verdict ‘most shameful moment since Stalin’

The Guardian

The courtroom cage in Moscow stood empty on Thursday as a judge found the late whistleblower Sergei Magnitsky and his London-based employer guilty of tax evasion in a move likened to Stalin-era justice.

The case against the two defendants – Magnitsky, allowed to die an excruciating death in prison in 2009, and William Browder, banned from entering Russia since 2005 – has come to symbolise the brutality of Russia’s system and the penalties incurred by those who uncovering official wrongdoing.

Magnitsky, a lawyer hired by Browder’s London-based Hermitage Capital Management fund, uncovered a $230m (£150m) tax fraud scheme run by a host of Russian interior ministry and tax officials using documents stolen in a raid on Hermitage Capital. Magnitsky and Browder were then charged with running the fraud themselves.

Magnitsky was thrown into one of Russia’s harshest pre-trial detention centres, repeatedly denied medical care and allowed to die. A presidential human-rights commission later found evidence that he was tortured.

Many of the officials involved in the alleged fraud the lawyer uncovered received promotions and awards.

Thursday’s verdict was the culmination of a year-long effort to discredit Magnitsky, and Browder, who has waged a global campaign to punish top Kremlin officials for the former’s death.

He successfully lobbied the US government to adopt a “Magnitsky list” that bans officials involved in the fraud from entering the US or keeping bank accounts there. Moscow retaliated by banning Americans from adopting Russian children.

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15
July 2013

Dead Russian lawyer Sergei Magnitsky convicted of tax evasion

The Guardian

Russian who died in prison while awaiting trial is found guilty along with British client William Browder. A Moscow court has convicted the late investment fund lawyer Sergei Magnitsky of tax evasion after Russia’s first posthumous trial.

The court also convicted Magnitsky’s former client William Browder, a Briton who has spearheaded an international campaign to expose corruption and punish Russian officials he blames for the lawyer’s death in a Moscow jail while awaiting trial in 2009.

Browder was sentenced in absentia to nine years in prison for tax evasion. He lives in Britain and Russia’s options for jailing him are limited. Interpol has refused to include him on its international search list after deciding that Russia’s case against him was political.

Magnitsky died after a year in jail during which he said he was mistreated and denied medical care in an effort to get him to confess to tax evasion and give evidence against Browder, who is head of the investment fund Hermitage Capital Management.

The Kremlin’s human rights council said there was evidence the suggested Magnitsky was beaten to death, but the Russian president, Vladimir Putin, dismissed allegations of torture or foul play, saying last year that the lawyer died of heart failure.

Russian authorities closed the case against Magnitsky after his death but reopened it in 2011, a move that former colleagues say was illegal because they did not have the consent of his relatives.

“This show trial confirms that Vladimir Putin is ready to sacrifice his international credibility to protect corrupt officials who murdered an innocent lawyer and stole $230m (£150m) from the Russian state,” Hermitage Capital said in a statement. займы без отказа онлайн займы https://zp-pdl.com/emergency-payday-loans.php https://zp-pdl.com/online-payday-loans-in-america.php займ на карту

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09
July 2013

Russian suspects in Sergei Magnitsky death barred from entry to UK

The Guardian

Tory MP calls for legislation against Russians accused of involvement in tax fraud whistleblower’s death in prison.

Sixty Russians accused of involvement in the torture and death of the tax fraud whistleblower Sergei Magnitsky have been banned from entering the UK.

Magnitsky died in a Russian prison in 2009, a year after being arrested following his conclusion of a corruption investigation that pointed the finger at a host of low-level Russian officials. A report by the Kremlin’s human rights commission found signs that the 37-year-old lawyer had been beaten.

The US passed a bill last year blocking people related to the Magnitsky case from entering the country and blocking their assets, and the European parliament has called for member states to follow suit. It has now emerged that the government has banned people identified on a US list from entering the UK.

The ban was revealed in a previously unreported response to a written question from the Conservative MP Dominic Raab, who asked whether “any of the 60 individuals named on the list published by the Commission on Security and Co-operation in Europe … have visited the UK in the last year”.

The immigration minister Mark Harper replied in April: “The Home Office special cases directorate is already aware of the individuals on the list and has taken the necessary measures to prevent them being issued visas for travel to the UK.”

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