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Renowned activist and Global Magnitsky Justice Campaign leader, Bill Browder, is set to deliver a captivating testimony during a highly anticipated hearing on July 18, 2023, at 1:00 p.m. in the Senate Dirksen Building G50. The focus of the hearing revolves around Switzerland’s complicity in facilitating money laundering and sanctions evasion by Russian oligarchs and corrupt officials. With Swiss banks currently harboring a staggering $200 billion in illicit Russian funds, the nation has become a favored destination for hiding ill-gotten wealth. The United States’ investigation into the involvement of Swiss banks in aiding Russia’s sanctions evasion has led to subpoenas being issued to the two largest financial institutions. The hearing aims to unravel the mechanisms that allowed Switzerland to emerge as a hotspot for Russian dirty money, while shedding light on the implications of Russian corruption within Switzerland’s law enforcement apparatus, both in terms of U.S. national security and Ukraine’s defense capabilities. The testimony of key witnesses, including Bill Browder, Drew Sullivan of the Organized Crime and Corruption Reporting Project (OCCRP), and Olena Tregub from the Independent Defense Anti-Corruption Committee (NAKO), promises to be riveting. Organized by the Commission on Security and Cooperation in Europe (U.S. Helsinki Commission), this hearing represents a pivotal moment in the ongoing efforts to hold Switzerland accountable for its role in facilitating Russian money laundering and corruption.

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Bill Browder Hearing


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