Bill Browder: Putin Interest in Magnitsky Act

Posted by admin on Tuesday, August 15, 2017

Bill Browder Money Quote saying in testimony before Congress in July of 2017, explaining why Putin wants the Magnitsky Act repealed – because it threatens his own money held in U.S. Banks. Bill Browder said:

Putin … is one of the richest men in the world. I estimate that he has accumulated $200 billion of ill-gotten gains … over his 17 years in power. He keeps his money in the West and all of his money in the West is potentially exposed to asset freezes and confiscation. Therefore, he has a significant and very personal interest in finding a way to get rid of the Magnitsky sanctions
— Bill Browder

Categories: politics Tagged:

Leave a Reply

You must be logged in to post a comment.

Money Quotes Daily

Money Quotes Daily