British MPs said that the fraudulently obtained money associated with the Magnitsky case, is laundered in the UK
“The British authorities should investigate the alleged laundering of $ 30 million of income tax fraud in Russia that, probably, has been spent on various purchases, from designer wedding dresses to luxury yachts, as announced on Tuesday by the parliamentary Committee – reports Neil Buckley in The Financial Times. – Bill Browder, living in the UK financier, said that part of the money obtained through the fraudulent scheme for 230 million dollars, which was exposed by Russian lawyer Sergei Magnitsky spent on “an Orgy of spending on luxury.”
“Magnitsky was arrested after he raised the alarm about this fraud, and died from severe beatings in a Russian prison in 2009. After that, the U.S. has passed a special law in the punishment of Russian officials who are called responsible for his death,” the article says.
“In March, Browder appealed to the National Agency for the fight against crime with the request to investigate the information about the millions of dollars obtained through fraud Magnitsky uncovered and presumably transferred to the UK. He told members of Parliament that London “is levitating on Russian dirty money” and said that the UK needs its own “Magnitsky Act”, – the author.
According to the journalist, on the eve of the anti-corruption summit, which will be headed by British Prime Minister David Cameron, more attention to the role of the UK in money laundering.
Browder told members of the house of Commons that $ 30 million, presumably bred in the UK spent on: a boat for 240 million dollars, hire a private jet for 176 thousand dollars, the services of design companies (almost 293 thousand dollars), “solutions and services in the it sector” (7.6 million) and tyres for cars ($819 thousand).
“The head of Fund Hermitage criticized the British government for inaction in the Magnitsky case, as five of his complaints made previously to the British law enforcement have not led to the initiation of any case, the article says. – Eleven countries have already started a criminal investigation in connection with Magnitsky uncovered a fraud, and six of these had frozen assets worth 43 million dollars.”
“I can’t describe how different was the reaction of France and the United States,” said Browder, the British parliamentarians.
Neil Buckley
Financial Times
