Transcript: Sen. Chuck Grassley’s Q&A w/ William Browder on the Magnitsky Act – 2

Part 2 of 3. Partial transcript of Sen. Chuck Grassley’s (R-Iowa) Q&A with Hermitage Capital Management CEO William Browder on the Russia government’s efforts to repeal the Magnitsky Act. The Senate Judiciary Committee hearing was held on July 27, 2017:

Bill Browder:
And he was the CEO.

The Chairman was – I should say another senior official was a British citizen of Russian Origin named Igor Sagiryan.

On their staff at Renaissance Capital, they trumpeted the fact that they had a number of former FSB officers on their staff.

I should point out that there is no such thing as a former FSB officer. It’s a lifetime commitment.

And in the Department of Justice investigation into Prevezone Holdings, they determined that $13 million from the crime surrogated that Sergei Magnitsky uncovered, exposed, and was killed over went to the bank accounts of Renaissance Capital in the United Kingdom.

Sen. Chuck Grassley (R-Iowa):
I think you said this, but let me make sure about Renaissance Capital’s connection, if any, with the Russian government?

Bill Browder:
So, Renaissance Capital is connected to the Russian government through ex-FSB employees who are at the senior level of Renaissance Capital.

Sen. Chuck Grassley (R-Iowa):
This is issue is also important to the committee.

That same Russian bank, Renaissance Capital, paid President Bill Clinton $500,000 for a June 2010 speech in Moscow.

That same month, Uranium One began the application process for a Russian government owned company to acquire U.S. uranium assets.

The review of this take-over was done by the Committee of Foreign Investments and Secretary Clinton’s State Department was one of the approval authorities.

Renaissance Capital reportedly signed a buy rating to Uranium One. So it raises a number of issues.

My last question, with 26 seconds left, but you can take what time you need to answer.

Did you meet with anyone from the Justice Department when you filed your FARA complaint in 2016? If so, who initiated the meeting – you or them?

Did the Justice Department ever follow up with you on the information you provided in your complaint and its appendices or let you know whether they had acted on your complaint?

Bill Browder:
I had two contacts with the Justice Department. One was a conference call with the head of the FARA Division and her subordinates. And then the other was a in-person meeting here in Washington to follow up on the complaint. In both instances was initiated by my firm. And other than providing information, I have no knowledge of what happened afterwards.

Learn More:

Transcript: William Browder’s testimony on the Magnitsky Act – 1

Transcript: William Browder’s testimony on the Magnitsky Act – 2

Transcript: William Browder’s testimony on the Magnitsky Act – 3

Transcript: Sen. Chuck Grassley’s Q&A w/ William Browder on the Magnitsky Act – 1

Transcript: Sen. Chuck Grassley’s Q&A w/ William Browder on the Magnitsky Act – 2

Transcript: Sen. Dianne Feinstein’s Q&A w/ William Browder on the Magnitsky Act – 1

Transcript: Sen. Dianne Feinstein’s Q&A w/ William Browder on the Magnitsky Act – 1

Transcript: Sen. John Cornyn’s Q&A w/ William Browder on the Magnitsky Act – 1

Transcript: Sen. John Cornyn’s Q&A w/ William Browder on the Magnitsky Act – 2

Transcript: Sen. Sheldon Whitehouse ’s Q&A w/ William Browder on the Magnitsky Act – 1

Transcript: Sen. Sheldon Whitehouse ’s Q&A w/ William Browder on the Magnitsky Act – 2

Transcript: Sen. Lindsey Graham’s Q&A w/ William Browder on the Magnitsky Act – 1

Transcript: Sen. Lindsey Graham’s Q&A w/ William Browder on the Magnitsky Act – 2

Transcript: Sen. Mazie Hirono’s Q&A w/ William Browder on the Magnitsky Act – 1

Transcript: Sen. Mazie Hirono’s Q&A w/ William Browder on the Magnitsky Act – 2

Transcript: Sen. Amy Klobuchar’s Q&A w/ William Browder on the Magnitsky Act – 1

Transcript: Sen. Amy Klobuchar’s Q&A w/ William Browder on the Magnitsky Act – 2

Transcript: Sen. Richard Blumenthal’s Q&A w/ William Browder on the Magnitsky Act – 1

Transcript: Sen. Richard Blumenthal’s Q&A w/ William Browder on the Magnitsky Act – 2

Transcript: Sen. Dick Durbin’s Q&A w/ William Browder on the Magnitsky Act – 1

Transcript: Sen. Dick Durbin’s Q&A w/ William Browder on the Magnitsky Act – 2

Transcript: Sen. Chuck Grassley’s Q&A w/ William Browder on the Magnitsky Act – 3

Transcript: Sen. Sheldon Whitehouse’s Q&A w/ William Browder on the Magnitsky Act – 3

Transcript: Sen. Richard Blumenthal’s Q&A w/ William Browder on the Magnitsky Act – 3

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