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Head of Hermitage Capital Management charged in absentia

March 07, 2013, 19:00 UTC+3
The routine legal procedures are underway to put William Browder on a wanted list
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MOSCOW, March 7 (Itar-Tass) – The head of the investment fund Hermitage Capital Management, William Browder, has been charged in absentia in connection with the illegal buy-up of Gazprom shares, the Interior Ministry said.

“Despite the notification dispatched to the embassy of the United Kingdom of Great Britain and Northern Ireland to the effect William Browder – a subject of that state – should arrive by 12:00 on March 7 Moscow time for procedural (investigative) actions – the presentation of charges and questioning in that status in a criminal case opened over the illegal buy-up of Gazprom shares neither Browder nor his proxies arrived or sent in any notifications,” the Interior Ministry’s press-center said.

“The investigator presented the charges in absentia,” the Interior Ministry said. “The routine legal procedures are underway to put William Browder on a wanted list.”

 

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