Monday 11 August 2014

Hermitage Capital’s Browder summoned to NY to testify in Magnitsky Act case — RT News

Hermitage Capital’s Browder summoned to NY to testify in Magnitsky Act case — RT News:



"Hermitage Capital Management investment advisory firm co-founder and CEO William Browder has been summoned to a New York court as the principal witness to testify about his business in Russia.



The hearing is scheduled for August 15, with the subpoena delivered by lawyers of Prevezon Holdings, owned by Russian citizen Denis Katsyv, the Itar-Tass news agency reported.



The US government launched a lawsuit against Prevezon Holdings in September 2013, with the company accused of legalizing a portion of funds stolen from the Russian budget. The US prosecutors demanded that all the company’s assets in the US be seized."



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