00:29 GMT +319 July 2019
Listen Live
    Investor William Browder

    Browder to Be Questioned in Context of US Lawsuit Against Prevezon Holdings

    © AFP 2019 / BERTRAND GUAY
    Europe
    Get short URL
    0 42

    William Browder, the UK millionaire of US origin, on the lawsuit of the United States against the Prevezon Holdings company, owned by Russian citizen Denis Katsyv is expected to be questioned by lawyers on Thursday, Katsyv's lawyer Natalia Veselnitskaya told Sputnik on Wednesday.

    MOSCOW (Sputnik) — Lawyers were allowed to question Browder by US Federal Court, Veselnitskaya stated. The millionaire is expected to be questioned in London during a period of up to four hours, she added.

    "US Federal Court, which is considering a complaint of the prosecutor's office of the New York state against Prevezon Holdings, owned by a Russian national, Denis Katsyv, has allowed a questioning of William Browder, the founder and CEO of the Hermitage Capital hedge fund. The lawyers expect to question Browder on Thursday, March 16," Veselnitskaya said.

    In September 2013, the United States launched a case of the Prevezon Holdings accused of legalization of money allegedly embezzled from the Russian treasury. The prosecution insists that Browder was a source of information that allowed it to start criminal proceedings.

    The lawsuit was filed within the framework of the so-called Magnitsky case. Sergei Magnitsky, who worked for Browder, was a Russian lawyer, who revealed alleged official corruption at the highest levels of the Russian government. He was detained in 2008 and accused of conspiracy and abatement for tax evasion. He died in the Matrosskaya Tishina pre-trial detention center in Moscow in 2009.

    In late 2012, the United States adopted the so-called Magnitsky Act, which imposes travel bans and financial sanctions on Russian officials and other individuals believed to have been involved in Magnitsky's death, the case against him and related issues.

    At the same time, the Russian Investigative Committee announced after an inquiry that the statements about persecution of Magnitsky due to his attempts to accuse several officials from Russia's law enforcement agencies of embezzlement did not reflect the reality.

    Related:

    Russian Top Prosecutor Calls Magnitsky Documentary 'Sentence' for Browder
    Browder Tries to Silence Film Revealing $230Mln Tax Dodge Scheme in Russia
    Tags:
    US Federal Court, Prevezon Holdings, Sergei Magnitsky, William Browder, United States, United Kingdom
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik