SKY: YouTube is completely democratic, no one could block it
October 21, 2009
For more than a decade, Bill Browder of Hermitage Capital Management was one of the largest foreign investors in Russia.
But in an interview for Jeff Randall Live he has alleged that he has been the victim of a conspiracy that has seen him being refused re-entry into the country and the seizure of his company’s documents.
CNBC: Raided by the Russians
October 16, 2009
William Browder’s firm was once the largest investor in Russia, but after the Russian government raided his business, its value is down to zero, with William Browder, Hermitage Capital Management CEO and CNBC’s Maria Bartiromo.
CNN: William Browder on corruption
October 14, 2009
Bill Browder is foremost amongst the doubters. His investment fund was once the biggest foreign investor in Russia, but he says his methods exposing corruption and poor corporate governance in the companies he invested in, angered the Russian authorities, got his assets seized and his visa revoked, though Russia has denied targeting him.
BILL BROWDER, HERMITAGE CAPITAL: As a long-term investment, Russia is too risky. As a short-term investment, there are many moments when it could make sense. But the problem with the Russia is you can’t predict whether your property will be left to its own devices or taken away at any moment because somebody wants it because it’s valuable.
Russian Corruption Claims Hit YouTube
October 13, 2009
William Browder, the founder of Hermitage Capital Management, found a new way to get his allegations of Russian corruption out to the public: YouTube. Browder spoke to CNBC about the strategy.
Browder, who claims to have been the victim of a corruption ring that took $230 million, has been fighting for his story to be heard for several years, with minimal success. If true, the case would amount to the biggest tax fraud in Russian history.
“We have a complicated story to tell about how the government stole our companies and then used our companies to steal $230 million from themselves — a bunch of crooks and government officials,” Browder told CNBC Monday.
To read the full story visit CNBC website: http://www.cnbc.com/id/33288392