New York (HedgeCo.net) – Hedge fund Hermitage Capital’s legal adviser, Sergey Magnitskiy, died on Monday night in a detention centre in Moscow, the Guardian reports.<\/p>\n
The 37 year old father of two was held in Moscow\u2019s Matrosskaya Tishina detention center for almost a year. “Sergey Magnitskiy was refused bail and kept in detention for a year without trial,” Hermitage said in a statement. “He was denied the ability to see his mother and his wife and speak to his children for the entire time of his detention.”<\/p>\n
The US-born, British naturalised lawyer was arrested in 2008 after accusing senior officers in the Interior Ministry of taking part in a $230 million state-sponsored scam, leading to the theft of companies owned by Hermitage and HSBC. Hermitage has filed law suits and sent letters to Russian anti-corruption authorities, naming top-ranked officials and their role in the alleged tax scam.<\/p>\n
The Guardian quoted David Clark, former special advisor at the Foreign Office and chairman of the Russia Foundation, a UK-based organisation that promotes a deeper understanding of Russian affairs. Hermitage’s case is “real daily life” in Russia, Clark said.<\/p>\n
Alex Akesson New York (HedgeCo.net) – Hedge fund Hermitage Capital’s legal adviser, Sergey Magnitskiy, died on Monday night in a detention centre in Moscow, the Guardian reports. The 37 year old father of two was held in Moscow\u2019s Matrosskaya Tishina detention center […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[16015,11708,16014],"class_list":["post-13035","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news","tag-foreign-office","tag-hedge-funds","tag-tax-scam"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=13035"}],"version-history":[{"count":4,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13035\/revisions"}],"predecessor-version":[{"id":13038,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13035\/revisions\/13038"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=13035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=13035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=13035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Editor for HedgeCo.net<\/a>
\nalex@hedgeco.net<\/a>
\nHedgeCo.Net<\/a> is a premier hedge fund database<\/a> and community for qualified and accredited investors only. Membership in HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"