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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