Press Release
Hermitage Capital
10 December 2012 – Tomorrow, Magnitsky sanctions will be discussed at hearings in the Parliament of Canada. William Browder, CEO of Hermitage Capital Management, will speak at the Canadian Parliament’s Subcommittee on International Human Rights of the Standing Committee on Foreign Affairs and International Development. Another speaker at the subcommittee is Vladimir Kara-Murza, from the Coordinating Council of the Russian Opposition. They will both discuss the case of Sergei Magnitsky, theimpunity of Russian officials who were involved in his false arrest, torture and death, and the need for Canada to adopt visa sanctions and asset freezes against those Russian officials who were involved in Magnitsky’s death.
Last year, Irwin Cotler MP and former Attorney General of Canada, introduced a piece of legislation into the Canadian Parliament entitled “An Act to condemn corruption and impunity in Russia in the case and death of Sergei Magnitsky.”
This bill establishes a process by which the Canadian government must prepare a list of individuals responsible for the torture and death of Sergei Magnitsky, for the conspiracy to defraud the Russian federation of taxes paid by Hermitage Capital, and for efforts to shield those culpable of those gross violations of human rights. It imposes restrictions on the listed individuals and their family members, such that they are inadmissible for the purposes of entering or remaining in Canada.
The bill notes that “no objective official investigation has been conducted by the Russian government into the Magnitsky case, despite extensive documented evidence incriminating Russian officials in serious human rights violations, in the embezzlement of funds from the Russian treasury, and in the retaliation against Mr. Magnitsky”, and that those individual persons have not been “identified, apprehended and brought to justice in Russia.”
“The ongoing impunity, and indeed, in this instance shocking impunity, regarding Russian officials is as scandalous as it is shocking. This legislation would uphold the rule of law, would assure Russian human rights defenders that they are not alone, would protect Canadian business interests in Russia, and in particular would remember and honour the heroic sacrifice of Sergei Magnitsky. He acted on behalf of all of us in his protection of the rule of law,” said Irwin Cotler, MP.
For further information please contact:
Hermitage Capital
Phone: +44 207 440 1777
Email: info@lawandorderinrussia.org
Website: http://lawandorderinrussia.org
Facebook: http://on.fb.me/hvIuVI
Twitter: @KatieFisher__
Livejournal: //hermitagecap.livejournal.
Information on the session at the Subcommittee on International Human Rights of the Standing Committee on Foreign Affairs and International Development
http://www.parl.gc.ca/
Information on the An Act to condemn corruption and impunity in Russia in the case and death of Sergei Magnitsky”
http://openparliament.ca/
