What is the Magnitsky Act?

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What is the Magnitsky Act? The law Putin allegedly wants Trump to get rid of, but why?

The story behind Donald Trump Jr.'s controversial meeting with a Russian lawyer during the 2016 presidential campaign has turned out to be a complicated one linking adoptions, sanctions, and frozen assets.

President Donald Trump's son had initially said the discussion was set up to talk about adoptions, but he later admitted that he had attended in the hopes of learning potentially damaging information about Hillary Clinton.But many believe some Russians ultimately saw the meeting as an opportunity to advocate for U.S. lawmakers to repeal a controversial law that penalizes many Russians. Bill Browder repeated that claim during testimony to Senate lawmakers in a recent hearing.

"It's clear the interest and goal in that meeting was to repeal the Magnitsky Act. It's the one thing we can agree with certainty that happened in that meeting," Browder said.

Browder played a key role in getting the 2012 law was passed, which was named in honor of Sergei Magnitsky, a Russian lawyer Browder hired who was jailed and ultimately died in Russian captivity after working tirelessly to uncover a $230 million tax fraud scheme.

 

Browder was an American born to a Russian family who was the biggest investor in the Russian stock market at one point. But that all changed in 2005 he says after he became an outspoken critic of corporate governance in the country, alienating Vladimir Putin and others.

Lawmakers passed the Magnitsky Act in order to punish various businessmen and officials believed to be connected to Magnitsky's death, freezing Russian assets and barring suspected human rights abusers from entering the United States.

Russia quickly retaliated by passing a law that prohibits Americans from adopting Russian children, a popular phenomenon in the years leading up to the law. The two issues have been linked ever since.

"Russian adoptions was really code for Russian sanctions," Browder claims.

Russian adoptions have come up since. When news of a second quiet Trump-Putin meeting emerged earlier this month, Trump insisted that the two only shared "pleasantries" and discussed adoption.

Since then, Browder has claimed that Putin and his associates have spent millions of dollars -- including hiring the Russian lawyer Natalia Veselnitskaya -- to try and get the act repealed.

Browder speculates that it is an effort to protect human rights abusers as well as free up frozen assets including money belonging to Putin himself.

Entry #780

Comments

Avatar LiLSpeedy -
#1
"Lawmakers passed the Magnitsky Act in order to punish various businessmen and officials believed to be connected to Magnitsky's death, freezing Russian assets and barring suspected human rights abusers from entering the United States."

Donald Jr's meeting with the Russian Lawyer Natalia Veselnitskaya was not about adoption. it was about trying to get the act repealed. why, one might ask themselves? It's simple, all the Russian assets are frozen, much of which belongs to POOTIN. That's right, it's all about the Benjamins or MONEY. Pootin wants his money and he was using Trump Jr to get Trump SR to lift the sanctions. I think Donald Jr will be open for an indictment as well as others that were present.
Avatar JAP69 -
#2
I thought I read the meeting was setup to get damaging information on Clinton. Once in the meeting the Russian wanted to talk about this act.
Avatar LiLSpeedy -
#3
Trump JR's story changed three times. Adoption was just a guise to talk about sanctions on wealthy Russians assets as well as Pootin's. Stay tuned.
Avatar LiLSpeedy -
#4
It have begun. Manafort & Gates have turned themselves in to FBI. Indictments will be unsealed when both goes to Federal Court house. They will be escorted by federal agents. This is a big deal for both. Both have been charged with 12 counts- conspiracy against the us- conspiracy to launder money...more charges can be added. I would not want to be in their shoes. I said all along...follow the money.

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