04:33 GMT +318 August 2019
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    International investor William Browder talks with journalists after a meeting with senior prosecutor Jose Grinda, Madrid

    Moscow Court Issues Warrant for Browder’s Arrest in Absentia

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    MOSCOW (Sputnik) – A Moscow court issued a warrant for the arrest in absentia of Bill Browder, the CEO of Hermitage Capital Management, for creating a criminal group, a Sputnik correspondent reported Friday.

    "The court ruled to satisfy the request of the investigator and to choose a measure of restraint in the form of detention," judge Alexei Krivoruchko said.

    According to the case file, Browder was charged in absentia for organizing a criminal group. The investigators announced his inclusion in the international wanted list.

    READ MORE: New Criminal Case Launched in Russia Against William Browder — Prosecutors

    In turn, Browder’s lawyer Alexander Antipov said that he would definitely appeal this ruling.

    In 2013, Russia sentenced Browder in absentia to nine years in prison for tax evasion. The court also ruled that Sergei Magnitsky, a tax and legal consultant for Hermitage Capital Management, who died in custody in Moscow in 2010, developed and implemented a tax evasion scheme while working for the businessman. Browder refuted the accusations, saying that he became a victim of a corruption scheme himself.

    In February 2017, a Moscow court ruled to arrest Browder and his business partner Ivan Cherkasov, both charged with 4.2 billion rubles ($72.9 million) in unpaid taxes, in absentia.


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