The financier who exposed Vladimir Putin

Six years ago this week, Turkish President Recep Tayyip Erdogan survived a coup launched by a faction of the Armed Forces. The statesman mobilized his supporters, enjoining them to resist the coup, by using the FaceTime app on his iPhone. At the time, I was impressed by the powerful impact of such a small tool in creating such a momentous outcome.

I was reminded of that story while reading Bill Browder’s book Freezing Order: A True Story of Money Laundering, Murder and Surviving Vladimir Putin’s Wrath (Simon & Schuster), not only because of the cruciality of knowing how to use the modern tools of communications, but also because there is a huge price to pay when you confront an autocrat.

Bill Browder can attest to that.

The author of Freezing Order is an American-born financier (now living in the UK) and founder of Hermitage Capital Management who has been active in Russia between 1996 and 2008. In June 2008, one of his lawyers, “[…] Sergei Magnitsky, discovered that […] criminals had used our stolen companies and their fake claims to apply for a fraudulent $230 million tax refund.” That’s where the roller coaster ride that is this book begins.

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