Kremlin Opens New Posthumous Case Against Magnitsky Holding him Responsible for Russian Default in 1998

February 1, 2013

Today it was reported by RIA-Novosti Russian news service that Russian law enforcement agencies have begun investigating Sergei Magnitsky for allegedly being responsible for the Russian default during the 1998 financial crisis. This is the fourth posthumous accusation put forward by Russian authorities, who refuse to investigate officials responsible for the thefts uncovered by Mr Magnitsky, his arrest, ill-treatment and death in custody. Mr Magnitsky died more than three years ago, on 16 November 2009 when he was found dead on the cell floor after the use of rubber batons and handcuffs.

“The Russian authorities look like they have gone completely mad,” said a Hermitage Capital representative. “In their attempt to escape from US and EU visa and financial sanctions for the death of Mr Magnitsky, they are coming up with crazier and crazier attacks against Magnitsky in the hope of clouding the debate about who killed him and why.” Read more

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