News

Putin Plays Hardball

Posted by Red Notice on 27 Nov 2014 | 0 comments
This week marks the fifth anniversary of Sergei Magnitsky’s death in a Russian prison. He was 37 years old, a member of the emerging middle class who worked as a lawyer for a man named Bill Browder, the leader of the largest Russia-only investment firm in the world. Browder’s company, Hermitage Capital Management, started with $25 million during th...

Bill Browder sieht Russland in einem Jahr am Boden

Posted by Red Notice on 27 Nov 2014 | 0 comments
"Putin auf Gedeih und Verderb aufs Öl angewiesen" Bill Browder war einst Russlands größter Investor und Putin-Versteher. Inzwischen gilt er im Kreml als Persona non grata. Der intime Moskau-Kenner sieht das Land schon in einem Jahr am Boden. Der russische Präsident Wladimir Putin schickt seine Flugzeuge und U-Boote gen Westen. Die Nato ist alarmi...
Bill Browder is a self-confessed black sheep. Not a mild-mannered ruminant, shyly chewing the cud alone in the corner of the field, but one of the most angry and driven minority-hedge-fund sheep going. Angry, he may be, but he's no shouter. Browder, 50, who 10 years ago with $4.5bn under management, was the largest single foreign investor in Russ...

U.S. Imposes New Sanctions on 12 Russians

Posted by Red Notice on 27 Nov 2014 | 0 comments
WASHINGTON — The Obama administration on Tuesday leveled sanctions against 12 Russians for human rights abuses including the detention and death of a celebrated lawyer who the United States says sought to expose fraud by Russian officials. The sanctions were announced under a 2012 law named for the lawyer, Sergei L. Magnitsky, who died in detentio...
The Obama administration on Tuesday accused Russian doctors, prison officials and others of complicity in the death of a lawyer whose case has come to symbolize human rights abuses in Russia, reversing course after earlier declining to apply new sanctions for fear of angering the Kremlin. Read the full article Source: Washington Post, 20 May 2014...

The Man Who Stood Up to Putin

Posted by Red Notice on 27 Nov 2014 | 0 comments
Two members of the Russian punk band Pussy Riot hit Capitol Hill this week. Nadezhda Tolokonnikova and Maria Alyokhina, who were jailed for nearly two years after performing an anti-Kremlin "punk prayer" in a Moscow cathedral in 2012, charmed senators and called for stronger U.S. sanctions on Russia. Making the introductions was a bald, 50-year-old...
The European Parliament has urged EU governments to impose sanctions on 32 Russian officials over the death of a lawyer, Sergei Magnitsky. The parliament's resolution calls for visa bans and asset freezes - measures that the US has already imposed. Read the full article Source: BBC News, 3 April 2014

MEPs adopt ‘Magnitsky’ list visa ban

Posted by Red Notice on 27 Nov 2014 | 0 comments
The European Parliament passed a resolution yesterday (2 April) establishing a list of Russian officials responsible for the death of a Russian attorney in prison. The ‘Magnitsky List” proposes an EU-wide visa ban and a freeze of EU assets of 32 Russian citizens. Read the full article Source: Euractiv, 3 April 2014

PACE Threatens European Magnitsky Act

Posted by Red Notice on 27 Nov 2014 | 0 comments
The Parliamentary Assembly for the Council of Europe, or PACE, voted overwhelmingly on Tuesday to approve a resolution critical of Russia for its handling of the investigation into the death of Sergei Magnitsky, over the fierce objections of Russian lawmakers present for the vote. By adopting the resolution, which was titled "Refusing Impunity for...
Russian investigators have opened a second posthumous criminal investigation into the whistleblower lawyer Sergei Magnitsky who exposed an alleged £140m fraud by Moscow tax officials, it was claimed. Read the full article Source: Independent, 13 January 2014

Man On A Mission: Bill Browder vs. the Kremlin

Posted by Red Notice on 27 Nov 2014 | 0 comments
“There, but for an accident of geography, stands a corpse!” thundered Max Shachtman—once known as Leon Trotsky’s “foreign minister”—in New York City in 1950. By popular account, the line had been cooked up that night by a young Shachtmanite named Irving Howe; it ended the debate between the anti-Stalinist socialist Schachtman and his opponent, Earl...
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....

Crime and Punishment in Putin's Russia

Posted by Red Notice on 27 Nov 2014 | 0 comments
Russian police say they have closed the case file on the country's largest tax fraud. It occurred on December 24 in 2007, when Moscow tax officials approved a same-day refund of 5.4 billion rubles -- or $230 million -- to a gang masquerading as officers of Hermitage Capital, once the largest hedge-fund manager in Russia and founded by financiers Ed...
Vladimir Putin is still trying to use Interpol to arrest a British banker. If the organisation is to have any credibility, it must throw the case out Ron Noble, the Secretary General of Interpol, is due to step down at the end of this year. He leaves office with a dismal record of having allowed the international crime-busting organisation to coll...
Vladimir Putinin silmätikuksi joutunut Bill Browder kannustaa Suomea Natoon Miljardien dollarien sijoituksia Venäjällä aikoinaan tehnyt liikemies William "Bill" Browder haluaa antaa suomalaisille yrityksille neuvon: pysykää poissa Venäjältä. Read the full article Source: Helsingin Sangomat, 19 November 2014