To: Brumar89 who wrote (1024865 ) 7/16/2017 8:38:34 PM From: Brumar89 Respond to Why Magnitsky is so important: @NatashaBertrand @Billbrowder @FareedZakaria Panama Papers showed Putin was part of the tax fraud scheme uncovered by Magnitsky. If targeted, assets would be frozen.@Billbrowder notes to @FareedZakaria that Putin "understands he could one day be targeted by the Magnitsky Act" if he ever loses power. So those Russians meeting with the Trump campaign people were acting on Putin's behalf as well as their official clients. Putin and his gang were bent on getting BOTH Hillary and Trump and they succeeded. 2016: The gonorrhea vs syphilis election. It's binary ... you have to pick one. sarc Vladimir Putin's inner circle. We already knew that Putin and his Kremlin kleptocrats were robbing Russia of its assets for personal gain, but the Panama Papers provide a proof in black and white, which Putin's propaganda team cannot refute. This damning evidence will inevitably play a role in the upcoming parliamentary elections in September.Vedomosti : “According to the documents, people close to Putin masked payments, created back-door documents and in this way gained hidden influence in the media business and automobile branch of Russia.” Vedomosti: “On February 10, 2011, the secretive company, Sandalwood Continental, registered in the British Virgin Islands, loaned $200 million to a shadowy Horwich Trading registered in Cyprus, which sold on the next day the right to receive the interest and principal to Ove Financial for $1. On the same day, Ove sold for $1 these rights to the Panama-registered International Overseas Media. In one day the exchange of rights to the principal and interest passed through three banks and four countries."Vedomosti even names the people and institutions behind this convoluted money-laundering operation: Sandalwood was created by Bank Rossii, whose main shareholder is Yuri Kovalchuk (reputed to be Putin’s personal banker). International Media Overseas is controlled by Sergei Roldugin, one of Putin’s oldest friends and godfather of his elder daughter. The Panama Papers leaks cover some $2 billion in Russian offshore assets, but the Panama firm is only one of hundreds specializing in offshore accounts. The Kremlin inner circle would have diversified its exposure by using a number of intermediaries. The $2 billion would likely represent a small fraction of offshore assets of the Kremlin elite. restructuring plan for his chocolate businesses).corruption blogger Alexei Navalny, Novaya Gazeta , and other opposition outlets -- are full of accounts of Putin’s illegal dealings. The story is too large and too wide spread to be swept under the rug, as Putin will try to do. Russia’s largest television network has not reported one word about the Panama Papers scandal, while a Russian parliamentary deputy promises to sue Novaya Gazeta for its coverage of the Panama leaks.forbes.com
