Skip to main content
MENU
Subscribe
  • Subscribe
  • Account
  • LOGIN
  • Topics
    • Alternatives
    • Consultants
    • Coronavirus
    • Courts
    • Defined Contribution
    • ESG
    • ETFs
    • Hedge Funds
    • Industry Voices
    • Investing
    • Money Management
    • Opinion
    • Partner Content
    • Pension Funds
    • Private Equity
    • Real Estate
    • Russia-Ukraine War
    • SECURE Act 2.0
    • Special Reports
    • White Papers
  • Rankings & Awards
    • 1,000 Largest Retirement Plans
    • Top-Performing Managers
    • Largest Money Managers
    • DC Money Managers
    • DC Record Keepers
    • Largest Hedge Fund Managers
    • World's Largest Retirement Funds
    • Best Places to Work in Money Management
    • Excellence & Innovation Awards
    • WPS Innovation Awards
    • Eddy Awards
  • ETFs
    • Latest ETF News
    • Fund Screener
    • Education Center
    • Equities
    • Fixed Income
    • Commodities
    • Actively Managed
    • Alternatives
    • ESG Rated
  • ESG
    • Latest ESG News
    • The Institutional Investor’s Guide to ESG Investing
    • ESG Sustainability - Gaining Momentum
    • Climate Change: The Inescapable Opportunity
    • Impact Investing
    • 2022 ESG Investing Conference
    • ESG Rated ETFs
  • Defined Contribution
    • Latest DC News
    • DC Money Manager Rankings
    • DC Record Keeper Rankings
    • Innovations in DC
    • Trends in DC: Focus on Retirement Income
    • 2022 Defined Contribution East Conference
    • 2022 DC Investment Lineup Conference
  • Searches & Hires
    • Latest Searches & Hires News
    • Searches & Hires Database
    • RFPs
  • Performance Data
    • P&I Research Center
    • Earnings Tracker
    • Endowment Returns Tracker
    • Corporate Pension Contribution Tracker
    • Pension Fund Returns Tracker
    • Pension Risk Transfer Database
    • Future of Investments Research Series
    • Charts & Infographics
    • Polls
  • Careers
  • Events
    • View All Conferences
    • View All Webinars
    • 2022 Retirement Income Conference
    • 2022 Managing Pension Risk & Liabilities
    • 2022 WorldPensionSummit
Breadcrumb
  1. Home
  2. INTERNATIONAL
May 30, 2018 01:00 AM

Kremlin critic Bill Browder let go in Spain after Interpol intervenes

Bloomberg
  • Tweet
  • Share
  • Share
  • Email
  • More
    Reprints Print
    Bloomberg
    Bill Browder

    Hermitage Capital Management founder Bill Browder was released after a brief detention by Spanish police on a Russian arrest warrant in what may be the latest move by Moscow to undermine his global campaign against the Kremlin over human rights abuses.

    Police let him go about an hour after his initial arrest Wednesday at his hotel in Madrid. Mr. Browder said on Twitter the Interpol general secretary had advised Spanish authorities to ignore the arrest warrant.

    "Good news. Spanish National Police just released me after Interpol general secretary in Lyon advised them not to honor the new Russian Interpol Red Notice," Mr. Browder said in a tweet. "This is the 6th time that Russia has abused Interpol in my case."

    Mr. Browder has led a campaign to persuade countries to adopt sanctions on Russian officials believed to be responsible for human rights abuses after the death of lawyer Sergei Magnitsky in a Russian prison in 2009. Mr. Browder has said Mr. Magnitsky was mistreated and denied medical care while in prison, leading to his death.

    The U.S. adopted the Magnitsky Act in 2012, imposing travel bans and sanctions on Russian officials seen as involved in the attorney's death. Russian President Vladimir Putin retaliated by signing a law that banned Americans from adopting children in Russia, as well as drawing up a list of U.S. officials barred from the country.

    Mr. Browder's arrest in Madrid echoes a similar move last October by Russia, which put out a notice on Interpol that bypassed the organization's headquarters and requested cooperation from other member states to arrest him. Mr. Browder, a British national since giving up his U.S. citizenship in 1998, was briefly barred from traveling until Interpol notified its members to ignore the notice.

    This time, the notice appears to have gotten through to Madrid police, who arrested Mr. Browder just before an 11 a.m. meeting with a Spanish prosecutor about a money-laundering case tied to fraud uncovered by Mr. Magnitsky.

    "In the back of the Spanish police car going to the station on the Russian arrest warrant," Mr. Browder wrote on Twitter before his release. "They won't tell me which station."

    Last year, Russian officials accused Mr. Browder of being complicit in Mr. Magnitsky's death, a claim Mr. Browder called "crazy." Mr. Putin accused Mr. Browder of being a "serial killer." In December, a Moscow court found Mr. Browder guilty in absentia of tax evasion and sentenced him to nine years in jail as well as ordering the collection of 4.2 billion rubles ($70 million) in unpaid taxes. In March he testified before members of Parliament in the U.K. saying he feared for his life after the poisoning of former Russian spy Sergei Skripal in a small English town.

    "I'm at risk, at high risk," he said. "I don't spend my life living in fear, but I am definitely at risk."

    The Russian Prosecutor General's Office said it hasn't yet received information about Mr. Browder's arrest, according to the state-run Tass news service.

    Canada and the Baltic States have also adopted versions of the Magnitsky Act, while U.K. legislators have backed similar measures that will allow the government to freeze assets of human rights violators.

    Mr. Browder said in October that he'd received a letter from Interpol's Commission for the Control of Files, the body responsible for vetting data, informing him of its decision to dismiss Russia's request to put him on the organization's wanted list.

    "The most important thing is that they informed all member states not to entertain any notices against me going forward from Russia," Mr. Browder said in an interview.

    Related Articles
    Ukraine crisis begins to hit pension coffers
    Sanctions against Russia may lead to index changes
    Trump's policies on economy, Russia, China are still unknown, Bob Woodward tell…
    Sanctions slowing investors' interest in Russia
    Russia unnerved by Putin's silence over pension age hike
    Recommended for You
    International: Divestment moves span globe from Canada to Asia
    International: Divestment moves span globe from Canada to Asia
    Ukraine_Tank_i.jpg
    Aon pulls plug on its operations in Russia
    phil_murphy_new_jersey_1550-main_i.jpg
    New Jersey governor signs Russia-Belarus sanctions law
    A Good Time for Trend Following
    Sponsored Content: A Good Time for Trend Following

    Reader Poll

    June 6, 2022
    SEE MORE POLLS >
    Sponsored
    White Papers
    Nearing the finish line: Ideas on end-state investing for corporate DB plans
    The Meaning of "Portfolio Intelligence"
    Credit Indices: Closing the Fixed Income Evolutionary Gap
    Forever in Style: Benchmarking with the Morningstar® Broad Style Indexes℠
    Crossroads: Politics, Inflation, & Bonds
    Is there a mid-cap gap in your DC plan?
    View More
    Sponsored Content
    Partner Content
    The Industrialization of ESG Investment
    For institutional investors, ETFs can make meeting liquidity needs easier
    Gold: the most effective commodity investment
    2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios
    Ten ways retirement plan professionals add value to plan sponsors
    Gold: an efficient hedge
    View More
    E-MAIL NEWSLETTERS

    Sign up and get the best of News delivered straight to your email inbox, free of charge. Choose your news – we will deliver.

    Subscribe Today
    June 20, 2022 page one

    Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors.

    Subscribe
    Connect With Us
    • RSS
    • Twitter
    • Facebook
    • LinkedIn

    Our Mission

    To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market.

    About Us

    Main Office
    685 Third Avenue
    Tenth Floor
    New York, NY 10017-4036

    Chicago Office
    130 E. Randolph St.
    Suite 3200
    Chicago, IL 60601

    Contact Us

    Careers at Crain

    About Pensions & Investments

     

    Advertising
    • Media Kit
    • P&I Content Solutions
    • P&I Careers | Post a Job
    • Reprints & Permissions
    Resources
    • Subscribe
    • Newsletters
    • FAQ
    • P&I Research Center
    • Site map
    • Staff Directory
    Legal
    • Privacy Policy
    • Terms and Conditions
    • Privacy Request
    Pensions & Investments
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • Topics
      • Alternatives
      • Consultants
      • Coronavirus
      • Courts
      • Defined Contribution
      • ESG
      • ETFs
      • Hedge Funds
      • Industry Voices
      • Investing
      • Money Management
      • Opinion
      • Partner Content
      • Pension Funds
      • Private Equity
      • Real Estate
      • Russia-Ukraine War
      • SECURE Act 2.0
      • Special Reports
      • White Papers
    • Rankings & Awards
      • 1,000 Largest Retirement Plans
      • Top-Performing Managers
      • Largest Money Managers
      • DC Money Managers
      • DC Record Keepers
      • Largest Hedge Fund Managers
      • World's Largest Retirement Funds
      • Best Places to Work in Money Management
      • Excellence & Innovation Awards
      • WPS Innovation Awards
      • Eddy Awards
    • ETFs
      • Latest ETF News
      • Fund Screener
      • Education Center
      • Equities
      • Fixed Income
      • Commodities
      • Actively Managed
      • Alternatives
      • ESG Rated
    • ESG
      • Latest ESG News
      • The Institutional Investor’s Guide to ESG Investing
      • ESG Sustainability - Gaining Momentum
      • Climate Change: The Inescapable Opportunity
      • Impact Investing
      • 2022 ESG Investing Conference
      • ESG Rated ETFs
    • Defined Contribution
      • Latest DC News
      • DC Money Manager Rankings
      • DC Record Keeper Rankings
      • Innovations in DC
      • Trends in DC: Focus on Retirement Income
      • 2022 Defined Contribution East Conference
      • 2022 DC Investment Lineup Conference
    • Searches & Hires
      • Latest Searches & Hires News
      • Searches & Hires Database
      • RFPs
    • Performance Data
      • P&I Research Center
      • Earnings Tracker
      • Endowment Returns Tracker
      • Corporate Pension Contribution Tracker
      • Pension Fund Returns Tracker
      • Pension Risk Transfer Database
      • Future of Investments Research Series
      • Charts & Infographics
      • Polls
    • Careers
    • Events
      • View All Conferences
      • View All Webinars
      • 2022 Retirement Income Conference
      • 2022 Managing Pension Risk & Liabilities
      • 2022 WorldPensionSummit