Browder seeks injunction to stop Cyprus working with Russia

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Bill Browder, the founder of Hermitage Capital has stated that Cyprus should stop collaborating with Moscow in the case against him and should offer support to other countries which are tracking illegal Russian funds.

Browder and his partner Ivan Cherkasov are involved in a Russian criminal proceeding. Notably, Browder is at the centre of a global campaign for justice for the case of Sergei Magnitsky. Magnitsky died in prison after revealing a multi-million tax fraud eight years ago in Russia. The investor and now activist is pursuing an emergency injunction at the district court in Nicosia in order to stop Cyprus from working with Russia.

Browder claims that Cypriot police officers, alongside the Russian police, invaded former Hermitage lawyers’ offices looking for documents referring to many affiliated businesses. He states that the police were misinformed and are not operating in line with Interpol and the governments in the UK, The Netherlands and Germany.