Once a leading investor in Russian markets, U.S.-born British financier Bill Browder has been an outspoken critic of the Kremlin since the death of his lawyer, Sergei Magnitsky, in a Russian prison in 2009. Browder is best known for championing the Magnitsky Act, legislation enabling sanctions against Russian officials involved in corruption and human rights abuses. He is now urging Western governments to redirect the hundreds of billions of dollars in frozen Russian assets abroad to fund Ukraine’s defense and reconstruction following Russia’s invasion. Ahead of his upcoming talk in Amsterdam, Browder spoke with The Moscow Times about the feasibility of those efforts, how he believes sanctions on Moscow should be reformed and how he views the relationship between the Russian and U.S. leaders. The Moscow Times: The European Union has proposed its 19th package of sanctions against Russia, which it says ‘are severely affecting Russia's economy.’ How do you assess the impact of sanctions after more than three years of full-scale war in Ukraine? Bill Browder: Sanctions are very painful for Russia. Russia has committed a grave international crime, which is invading a foreign country.
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