The Global Graft Report: What Happened To Sergey Magnitsky?

March 18, 2010

Her­mitage Cap­i­tal Man­age­ment was the biggest for­eign investor in Rus­sia. Then in 2005, it all went wrong. CEO William Brow­der was banned from the coun­try on what he says was a pre­text. Two years lat­er, 50 police offi­cers from the Moscow Inte­ri­or Min­istry raid­ed Her­mitage’s offices and those of its lawyers. The police took cor­po­rate doc­u­ments and seals. Those same instru­ments were alleged­ly used in 2008 to fraud­u­lent­ly obtain $230 mil­lion that the Her­mitage Fund com­pa­nies had paid in tax­es two years earlier.

Also in 2008, one of Her­mitage’s lawyers who did­n’t leave Rus­sia or go into hid­ing, Sergei Mag­nit­sky, above, was thrown into jail. He died in cus­tody in Novem­ber 2009 at age 37. His jail­ers first said he rup­tured his abdom­i­nal mem­brane; then they said it was a heart attack. Offi­cials have refused his fam­i­ly’s requests for an inde­pen­dent autopsy.

Read more

DasErste: Rückschau: Russland. Gefängnisreform in Russland — ein langer Weg.

March 15, 2010

Dieser Fall sorgt in den rus­sis­chen Medi­en für großen Wirbel: Der 37-jährige Anwalt Sergej Mag­nit­skij stirbt Ende 2009 in der Moskauer Unter­suchung­shaft. Sie ver­hafteten ihn wegen Steuer­hin­terziehung, doch Mag­nit­skij unter­suchte mil­lio­nen­schwere Kor­rup­tion im Beamte­nap­pa­rat. Ver­mut­lich wollte man ihn zu Aus­sagen brin­gen. Sergej Mag­nit­skij starb an Herzver­sagen, heißt es.

Read more

OpenSpace.ru: Закоротило

March 8, 2010

О том, как государственные институции трещат по швами том, как реагировать на этот треск

Так получилось, что последний месяц я почти безвылазно провел дома перед компьютером, копаясь в интернете. Эмпирики, к сожалению, ноль. Единственное стоящее наблюдение, которое я сделал за это время с натуры, касается разницы ценообразования в близлежащих супермаркетах «Алые паруса» и «Седьмой континент». Вряд ли это потянет на стоящую колонку. Текст, который помещен ниже, можно назвать продуктом аллергической реакции на содержимое новостных лент рунета. С началом Великого поста я запретил себе их чтение, чего и вам желаю.

Read more

CNN: Doing Business in Russia

March 4, 2010

Inter­view with William Brow­der, CEO of Her­mitage Cap­i­tal Management

CNBC: From BRIC to BIC: What Happened to Russia?

March 2, 2010

For almost 10 years now, the BRIC nations (Brazil, Rus­sia, India and Chi­na) have been the poster chil­dren for growth in emerg­ing mar­kets and poten­tial­ly big prof­its for investors.

It start­ed back in 2001 when Gold­man Sachs came out with its now-famous report talk­ing about the eco­nom­ic poten­tial of those four coun­tries. The firm con­clud­ed that they could well be among the world’s biggest economies by the mid­dle of this century.

How­ev­er, in talk­ing with glob­al investors and in my recent trip to Davos for the World Eco­nom­ic Forum, I found that peo­ple are hard­ly even talk­ing about Rus­sia any­more. They’ve dropped the ”R“ to the point where it’s become the BIC nations.

If they do talk about Rus­sia, it’s often to refer to it as the “sick country.”

Read more

« Previous PageNext Page »

  • Link

Hermitage TV

Visit “Stop the Untouchables” site

For more information please visit http://russian-untouchables.com site..