Hermitage Reveals $230 Million Stolen From Russian People

October 8, 2009

Today, October 8, 2009, investigators from the Russian Interior Ministry announced charges against Hermitage Capital Management’s legal adviser, Sergey Magnitskiy, and allegations against Hermitage’s CEO, William Browder.
These charges and allegations have been fabricated and brought directly in response to Hermitage and Magnitskiy implicating certain Interior Ministry officials in the theft of $230 million from the Russian budget.

Due to the high level of corruption in the Russian Interior Ministry, along with the arbitrary powers they posses, many Russian newspapers have been afraid to write about the Interior Ministry’s role in this fraud. In an environment like this, where the freedom of the press is compromised, it is necessary to use new channels of communication to fight corruption in Russia. In order to avoid putting Russian journalists at risk, we are, therefore, releasing the following YouTube video to lay out story in full.

Comments

2 Responses to “Hermitage Reveals $230 Million Stolen From Russian People”

  1. James on October 12th, 2009 19:47

    Thanks for this video – it is very intriguing to see so many names named from inside the Interior Ministry. Have specific written materials been prepared about these individuals, or other documentary evidence been offered somewhere on this site?

    Hillary Clinton is arriving in Moscow today, and there should be discussion of her raising the issue of these individuals, to ask what is being done to deal with elements of corruption within these ministries.

  2. Nikolaevi4 on October 28th, 2009 23:52

    Hillary Clinton if they wanted to not be able to influence developments in this story. This is a business in Russian.

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