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Bribe, Swindle or Steal

The Death of Sergei Magnitsky

Bribe, Swindle or Steal

Alexandra Addison-Wrage of TRACE International

Business, News, Business News

4.9582 Ratings

🗓️ 31 May 2017

⏱️ 29 minutes

🧾️ Download transcript

Summary

Bill Browder of Hermitage Capital describes the brazen fraud and violence of Putin's Russia.

Transcript

Click on a timestamp to play from that location

0:00.0

Today I'm speaking with Bill Browder.

0:07.0

Bill is the businessman who took on the Russian regime after his lawyer, Sergei Magnitsky,

0:13.0

was arrested on false charges and ultimately died in a Russian prison.

0:17.0

Bill's company, Hermitage Capital, was once heavily invested in Russia, but his mission now is to be a

0:23.7

significant and very effective thorn in the side of the monstrous Putin regime. Bill has written a book

0:29.6

called Red Notice. The title refers to notices circulated by Interpol when a country seeks the extradition of a

0:35.8

criminal. They function a bit like an international arrest warrant, and the Kremlin briefly tried to use Interpol to a country seeks the extradition of a criminal. They function a bit like an international

0:38.0

arrest warrant, and the Kremlin briefly tried to use Interpol to get their hands on Browder.

0:43.2

Today, Bill lives and works in London, where he and his family require constant heavy security

0:48.2

in the wake of a horrifying series of financial and other crimes. Bill, thank you for joining me. Great to be here.

0:55.3

This is really the story of Sergei Magnitsky, your lawyer in Russia. But before we turn to that,

1:01.0

can you describe the scheme, the fraudulent scheme that led to Sergei's death in a Russian prison

1:07.7

eight years ago? Well, let me just give you a little context and background. I'm

1:11.8

originally from the United States. I come from a family of American communists. When the Berlin Wall

1:18.0

came down and I was going through my rebellion from my family, I became a capitalist, went to Russia

1:23.6

and began an investment fund in Russia to invest in the Russian stock market.

1:28.9

I encountered massive corruption in the companies that I invested in and started to fight

1:33.8

the corruption by exposing it.

1:35.7

This led to the Putin regime turning very violently against me.

1:40.5

They expelled me from the country.

1:41.9

They raided my offices.

1:47.0

The police seized all of the documents from our offices, and then those documents were used to fraudulently re-register our

...

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