https://www.theatlantic.com/politic...ony-to-the-senate-judiciary-committee/534864/
wow
c-span interview http://podcast.c-span.org/podcast/SBBRO0728.mp3
wow
c-span interview http://podcast.c-span.org/podcast/SBBRO0728.mp3
Summary of Bill Browder's main points in this interview:
- Dealing with Vladimir Putin requires understanding he is not like other heads of state but rather a criminal running a criminal regime comparable to Pablo Escobar.
- With enrichment as his main goal, Putin has been running different schemes to take money out of the Russian state and its citizens. One example of such a scheme is international pipelines being built for 10 billion USD against a real cost of 1 billion USD.
- Totaling up the profits form all these scams means Putin is likely the wealthiest man in the world
- One reason he has been in power for 17 years is because rising oil prices meant the standard of living in Russia was improving which citizens associate with his authority.
- By 2013, this positive perception was fading and Putin switched to painting his country as besieged by enemies from all sides, within and without and he effectively became a war president (sending military into Ukraine, Syria etc.)
- Putin controls all media and the electorate through ballot stuffing, there is no parliamentary oversight so he is effectively a dictator but his control is tenuous since he has to keep his populace docile.
- Powerful oligarch Michail Chodorkovski was made an example by Putin in 2003 with a very public arrest and corruption trial. The other 22 oligarchs fell in line after this; Browder claims Putin personally demanded 50% of their earnings in exchange for protection.
- There is no rational end goal behind Putin's accumulation of wealth; to stay on top, he has to be richest, always.
- He can't keep these riches in his own name because then it becomes a liability so he created a network of 'oligarch trustees' to hold and spread his money around in the west (banks, hedge funds, trophy properties etc.)
- Short recap of Sergei Magnitsky's investigation into the theft of Browder's Russian holdings and his arrest, torture and death at the hands of the perpetrators.
- After Browder convinced US Congress to pass the Magnitsky Act, Putin was 'apoplectic' and he banned the adoption of Russian orphans by American families in response.
- Browder has taken multiple (secret) security measures to protect himself and his family but the most important one is getting this story out into the world.
- There are 'hundreds of thousands' of Russian businessmen sitting in jail because the state wanted to seize their assets.
- 'If you fight the regime and you're in Russia, there is a pretty good chance you'll die.'
- The average Russian, with no business interests, only sees the positive and nationalist image of Putin offered up by the state media.
- Putin is 'a very small, insecure, angry man' who will hugely overreact to any perceived threat or slight. Browder calls him a sociopath with no understanding of other people's pain.
- Anyone reporting on Putin's two daughters gets arrested so we barely know anything about them or his grandchildren. He has no wife anymore is apparently a loner living in the presidential palace.
- There is no actual relationship between Trump and Putin. The Russian president has a wishlist (end the Magnitsky Act, dismantle NATO and the EU, project military force with impunity) that he would like Trump to acquiesce to; it's unclear what Trump gets out of going along with this and calling Putin a great guy.
- Russia definitely intervened in the 2016 US election, the only question mark is whether it was unilateral or with the cooperation of forces inside the USA.
- Browder is formally a fugitive from Russia and they want they have him extradited so they can put him in a gulag. He is currently under the protection of the UK as a newly minted British citizen.
- Magnitsky's surviving family is living in London and protected.
- Putin's regime, by its very nature, cannot sustain itself indefinitely and must eventually collapse.