Browder’s business partner Cherkasov removed from Interpol's list

Browder’s business partner Cherkasov removed from Interpol's list
William Browder Photo: Remy de la Mauviniere / AP

Today, the Moscow City Court is considering the legality of the in-absentia arrest of Browder and Cherkasov.

Ivan Cherkasov, the business partner of Hermitage Capital fund co-founder William Browder, accused in the case of deliberate bankruptcy and tax evasion, has been removed from the international search, his lawyer Aleksandr Antipov said.

"My client Cherkasov has been removed from Interpol's list; moreover, the investigation knows very well where he lives," Antipov told the Moscow City Court on Wednesday.

The Moscow City Court is considering the legality of the in-absentia arrest of Browder and Cherkasov, accused of deliberate bankruptcy and tax evasion.

On February 17, the district court accepted the prosecutor’s motion and authorized the arrest of Browder and Cherkasov in absentia.

As reported, according to the decisions of the district court, the confinement of Browder and Cherkasov was supposed to last two months starting from the date they are passed over to Russian law enforcement agencies if extradited or deported to Russia or from the day of their actual detention in the country. The investigation placed both of them on an international wanted list.

Browder was charged in absentia with crimes under part 3 of Art. 33, Art. 196 of the Criminal Code of the Russian Federation (Deliberate Bankruptcy), part 3 of Art. 33, items (a, b), part 2 of Art. 199 of the Criminal Code (Evading Payment of Taxes by a group of persons on an especially large scale), as well as part 3 of Art. 30, part 2 of Art. 199.1 of the Criminal Code of the Russian Federation in the version of the Federal Law of 2003 (Attempted Breach of Duty by a tax agent on an especially large scale).

Cherkasov was accused in absentia of Deliberate Bankruptcy (part 3 of Art. 33, Art. 196 of the Criminal Code of the Russian Federation), orchestrating of Tax Evasion on an especially large scale (part 3 of Art. 33, items (a, b), part 2 of Art. 199 of the Criminal Code of the Russian Federation), and orchestrating of Non-Fulfillment of Duties of a tax agent (part 3 of Art. 30, part 2 of Art. 199.1 of the Criminal Code of the Russian Federation in the version of the Federal Law of 2003).

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