Bill Browder Vows to Crush Putin's War Machine by Targeting Refineries
In a recent visit to the World Economic Forum in Davos, Bill Browder intensified his relentless pursuit of justice against Vladimir Putin's regime. The billionaire investor and CEO of Hermitage Capital Management has been waging war on the Kremlin for 16 years, ever since the tragic death of his friend and lawyer Sergei Magnitsky at the hands of Putin's agents.
Browder believes that the key to ending the war lies in crippling Russia's economic machinery. He argues that the eight refineries in India, China, and Turkey are collectively funneling billions of dollars into Moscow's coffers every day by buying Russian crude oil. By imposing sanctions on these refineries, Browder hopes to cripple Putin's ability to fund his war efforts.
"It's just the most straightforward thing I've ever seen," Browder said. "How does Putin afford this war? And it's with the sale of crude oil. Who buys that crude oil? China, India, and Turkey."
According to Browder, if these refineries stopped buying Russian oil, the price would plummet, making Russia's oil essentially worthless. In six months' time, Putin would be "pretty much out of business." This is a stark warning from someone who has seen firsthand the devastating consequences of Putin's actions.
Browder acknowledges that his efforts have already had significant impact, with deliveries of Russian crude into Indian ports slumping to their lowest level in over three years. However, he remains committed to his cause and has not given up on freeing the billions of dollars worth of frozen Russian sovereign assets held at Belgian depository Euroclear.
Despite progress on this front being stalled due to opposition from Belgium's prime minister Bart De Wever, Browder is undeterred. He argues that De Wever's stance is putting his personal safety above national interests and is essentially an act of war against Ukraine.
"Regardless of all these 20-point peace plans, negotiations, the war's not going to end," Browder says. "And so we're going to be sitting here a year from now. We'll have burned through half of that loan and we're going to need to be thinking about what happens next."
Browder's unwavering dedication to his cause has earned him immense respect, but also significant personal risk. As someone who has faced threats, lawsuits, false accusations, and even an Interpol arrest warrant, Browder knows the stakes are high. However, he remains resolute in his pursuit of justice for Magnitsky's murder and Putin's regime.
The fate of Putin hangs in the balance, with the Russian president seemingly trapped by his own making. As Browder says, "Putin has no ability to stop the war because he started it as a war of distraction against his own incompetence."
In a recent visit to the World Economic Forum in Davos, Bill Browder intensified his relentless pursuit of justice against Vladimir Putin's regime. The billionaire investor and CEO of Hermitage Capital Management has been waging war on the Kremlin for 16 years, ever since the tragic death of his friend and lawyer Sergei Magnitsky at the hands of Putin's agents.
Browder believes that the key to ending the war lies in crippling Russia's economic machinery. He argues that the eight refineries in India, China, and Turkey are collectively funneling billions of dollars into Moscow's coffers every day by buying Russian crude oil. By imposing sanctions on these refineries, Browder hopes to cripple Putin's ability to fund his war efforts.
"It's just the most straightforward thing I've ever seen," Browder said. "How does Putin afford this war? And it's with the sale of crude oil. Who buys that crude oil? China, India, and Turkey."
According to Browder, if these refineries stopped buying Russian oil, the price would plummet, making Russia's oil essentially worthless. In six months' time, Putin would be "pretty much out of business." This is a stark warning from someone who has seen firsthand the devastating consequences of Putin's actions.
Browder acknowledges that his efforts have already had significant impact, with deliveries of Russian crude into Indian ports slumping to their lowest level in over three years. However, he remains committed to his cause and has not given up on freeing the billions of dollars worth of frozen Russian sovereign assets held at Belgian depository Euroclear.
Despite progress on this front being stalled due to opposition from Belgium's prime minister Bart De Wever, Browder is undeterred. He argues that De Wever's stance is putting his personal safety above national interests and is essentially an act of war against Ukraine.
"Regardless of all these 20-point peace plans, negotiations, the war's not going to end," Browder says. "And so we're going to be sitting here a year from now. We'll have burned through half of that loan and we're going to need to be thinking about what happens next."
Browder's unwavering dedication to his cause has earned him immense respect, but also significant personal risk. As someone who has faced threats, lawsuits, false accusations, and even an Interpol arrest warrant, Browder knows the stakes are high. However, he remains resolute in his pursuit of justice for Magnitsky's murder and Putin's regime.
The fate of Putin hangs in the balance, with the Russian president seemingly trapped by his own making. As Browder says, "Putin has no ability to stop the war because he started it as a war of distraction against his own incompetence."