In 1996 I’d started an investment fund in Moscow called the Hermitage Fund, in partnership with the billionaire investor, Edmond Safra. Instead of the national interest guiding Russia’s actions, they are now guided by money, specifically the criminal acquisition of money. Churchill’s observations about Russia still apply, but with one big proviso. That key is Russian national interest.”įast-forward to the present, where Russia’s erratic behavior is terrifying the whole world. It is a riddle wrapped in a mystery inside an enigma but perhaps there is a key. In 1939 Winston Churchill made a famous speech on whether he thought Russia would join the Second World War: “I cannot forecast to you the action of Russia.
But going after tycoons in Russia could be dangerous work, as Browder describes in this excerpt of his new book, Red Notice. In the tumultuous years following the fall of the Soviet Union, Browder made a fortune for himself and his clients by confronting some of the country’s corrupt oligarchs-a goal initially shared by Putin. Browder was the founder and CEO of Hermitage Capital Management, and the largest foreign investor in Russia until he ran afoul of the government in 2005. His efforts culminated with the 2012 passage of the Magnitisky Act, which forbids “gross abusers” of rights in Russia from banking in or visiting the United States It’s named after Browder’s lawyer Sergei Magnitisky, a whistleblower who was murdered in a Moscow prison in 2009 after uncovering massive Russian government fraud.īut before Browder became a thorn in Putin’s side, he was an ally of sorts. For the past several years the British-American investor has led an international campaign to expose deep corruption and human-rights abuses in Putin’s Russia. The author, Bill Browder, may be Russian President Vladimir Putin’s No.
0 kommentar(er)
