Magnitsky Update: Canada
Bribe, Swindle or Steal
Alexandra Addison-Wrage of TRACE International
4.9 • 582 Ratings
🗓️ 18 December 2017
⏱️ 17 minutes
🧾️ Download transcript
Summary
Bill Browder discusses Canada's new Justice for Victims of Corrupt Foreign Officials Act and which country he hopes will be the 6th to adopt a similar law.
Transcript
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| 0:00.0 | Welcome back to the podcast, Brib, Swindle, or Steel. |
| 0:09.0 | I'm Alexandra Rogge, and today I'm catching up with a guest from earlier in the year, |
| 0:13.0 | as there have been some new developments. |
| 0:15.0 | Bill Browder owns the Hermitage Hedge Fund, which was once heavily invested in Russia. |
| 0:20.0 | After a trip back to London, Bill was |
| 0:22.1 | denied re-entry to Russia. His company was ultimately seized by criminal elements in Russia and his |
| 0:27.6 | lawyer, Sergei Magnitsky, was imprisoned and died in prison in 2009, after being denied urgently |
| 0:34.5 | needed medical care. He had been severely beaten. |
| 0:38.8 | Bill has been leading international efforts to get some sort of justice for Magnitsky ever since |
| 0:43.1 | and has infuriated Putin in the process. |
| 0:46.6 | Bill and I spoke at length on this podcast back in June, |
| 0:49.4 | but we're catching up now on more recent developments. |
| 0:52.5 | Bill, thank you so much for joining me again. |
| 0:54.7 | Great to be here. A lot has happened since we spoke earlier this year and you've been busy. |
| 1:00.6 | Why don't we start with the new Canadian law? The Canadians passed the justice for victims of |
| 1:06.6 | corrupt foreign officials act, which is also being called the Sergei Magnitsky Law, and it received |
| 1:11.4 | royal assent, which is the final step for a law to come into force in Canada on October 19th. |
| 1:17.7 | Can you give us a little bit of background on that law and how it might differ from the U.S. law, |
| 1:23.0 | if at all? |
| 1:23.5 | First of all, that law took a lot longer to get past than the U.S. law. |
| 1:26.8 | We started the Canadian political process at the same time we started the U.S. political process. |
| 1:32.6 | The U.S. process took two years from 2010 to 2012 to become law. |
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