[Joint House and Senate Hearing, 117 Congress]
[From the U.S. Government Publishing Office]


                        COUNTERING OLIGARCHS, ENABLERS, AND 
                                   LAWFARE

=======================================================================

                                HEARING

                               BEFORE THE

                        COMMISSION ON SECURITY AND 
                          COOPERATION IN EUROPE

                        U.S. HELSINKI COMMISSION

                     U.S. HOUSE OF REPRESENTATIVES

                    ONE HUNDRED SEVENTEENTH CONGRESS

                             SECOND SESSION

                               __________

                             APRIL 6, 2022

                               __________

 Printed for the use of the Commission on Security and Cooperation in 
                                 Europe

                              [CSCE117-13]


                       Available via www.csce.gov
                       
                               __________

                   U.S. GOVERNMENT PUBLISHING OFFICE                    
55-533                     WASHINGTON : 2024                    
          
-----------------------------------------------------------------------------------                          
                      
            COMMISSION ON SECURITY AND COOPERATION IN EUROPE

                        U.S. HELSINKI COMMISSION

         SENATE                                     HOUSE

BENJAMIN L. CARDIN, Maryland 		STEVE COHEN, Tennessee Co-Chairman
    Chairman				JOE WILSON, South Carolina Ranking 
ROGER F. WICKER, Mississippi 		   Member
    Ranking Member			ROBERT B. ADERHOLT, Alabama
RICHARD BLUMENTHAL, Connecticut		EMANUEL CLEAVER II, Missouri
JOHN BOOZMAN, Arkansas			BRIAN FITZPATRICK, Pennsylvania
TIM SCOTT, South Carolina		RUBEN GALLEGO, Arizona
JEANNE SHAHEEN, New Hampshire		RICHARD HUDSON, North Carolina
TINA SMITH, Minnesota			GWEN MOORE, Wisconsin
THOM TILLIS, North Carolina		MARC A. VEASEY, Texas
SHELDON WHITEHOUSE, Rhode Island                                 

                            EXECUTIVE BRANCH
                 Department of State - to be appointed
                Department of Defense - to be appointed
                Department of Commerce - to be appointed
                        
                        
                        C  O  N  T  E  N  T  S

                              ----------                              
                                                                   Page

                             COMMISSIONERS

Hon. Benjamin L. Cardin, Chairman, from Maryland.................     1

Hon. Steve Cohen, Co-Chairman, from Tennessee....................     3

Hon. Joe Wilson, Ranking Member, from South Carolina.............     4

Hon. Roger F. Wicker, Ranking Member, from Mississippi...........     7

Hon. Sheldon Whitehouse, from Rhode Island.......................    14

Hon. Jeanne Shaheen, from New Hampshire..........................    17


                               WITNESSES

Daria Kaleniuk, Executive Director, Anti-Corruption Action Centre     5

Scott Stedman, Founder, Forensic News............................     9

Bill Browder, Head, Global Magnitsky Justice Campaign............     8

Anna Veduta, Vice President, Anti-Corruption Foundation 
  International..................................................    11

Shannon Green, Executive Director, USAID's Anti-Corruption Task 
  Force, and Senior Advisor to the Administrator.................    13


 
              COUNTERING OLIGARCHS, ENABLERS, AND LAWFARE

                              ----------                              

 COMMISSION ON SECURITY AND COOPERATION IN EUROPE,
                          U.S. HELSINKI COMMISSION,
                                  HOUSE OF REPRESENTATIVES,
                                          Wednesday, April 6, 2022.

    The hearing was held from 2:36 p.m. to 4:03 p.m., Room 562, 
Dirksen Senate Office Building, Washington, DC, Senator 
Benjamin L. Cardin [D-MD], Chairman, Commission for Security 
and Cooperation in Europe, presiding.
    Committee Members Present: Senator Benjamin L. Cardin [D-
MD], Chairman; Representative Steve Cohen [D-TN], Co-Chairman; 
Representative Joe Wilson [R-SC], Ranking Member; Senator Roger 
F. Wicker [R-MS], Ranking Member; Senator Richard Blumenthal 
[D-CT]; Senator Sheldon Whitehouse [D-RI]; Senator Jeanne 
Shaheen [D-NH].
    Witnesses: Shannon Green, Executive Director, USAID's Anti-
Corruption Task Force, and Senior Advisor to the Administrator; 
Bill Browder, Head, Global Magnitsky Justice Campaign; Daria 
Kaleniuk, Executive Director, Anti-Corruption Action Centre; 
Scott Stedman, Founder, Forensic News; Anna Veduta, Vice 
President, Anti-Corruption Foundation International.

OPENING STATEMENT OF BENJAMIN L. CARDIN, CHAIRMAN, U.S. SENATE, 
                         FROM MARYLAND

    Chairman Cardin: Hearing will come to order.
    It is my understanding that one of our witnesses, Bill 
Browder, will be here shortly with Co-Chair Cohen. I assume 
they are coming over from the House side, so they may be here a 
little bit later.
    I want to acknowledge Senator Blumenthal, who is with us, a 
member of the Commission.
    This hearing is one of a series of hearings that we have 
had in regard to Mr. Putin and Russia's incursions into 
Ukraine. We have had hearings dealing with the impact this has 
on surrounding countries. We have had hearings to deal with 
misinformation. We are going to have a hearing later this week 
on the refugee and trafficking issues. This hearing is to deal 
with confronting the oligarchs, enablers, and lawfare, which I 
think is particularly important.
    Earlier today we had a chance to meet with Khodorkovsky--
Mikhail Khodorkovsky, of course, who is very much familiar with 
this subject. I think we had a chance to be briefed earlier on 
some of these issues, and his perspective as to what is 
happening with Mr. Putin. We all recognize that the corrupt 
system in Russia has been the fuel that allows Mr. Putin to do 
what he does. If he did not have the corrupt system, he did not 
have the revenues coming in, and if he did not rob the people 
of Russia of their resources, he would not be able to pursue 
these types of campaigns. We also know that it cannot work 
without enablers. There are people who might look like they are 
in innocent positions that are enabling the corrupt system to 
continue and the resources to be used as Mr. Putin has used 
them in regard to his campaign.
    We hope that as a result of today's hearing, we will have a 
chance to understand this better. We recognize the oligarchs 
are the appendages of Mr. Mafia's--of Mr. Putin's mafia state. 
They use--what we like to say, they use our system against us. 
When you look at Lawfare, you recognize that they have hired 
some of the most talented people in the West to tie things up 
in courts and exhaust those who want to challenge their way. 
They are using our system against ourselves, and we need to be 
a lot smarter in the way that we do this.
    Mr. Abramovich and Mr. Usmanov are two examples of these 
notorious oligarchs. Mr. Abramovich is highly influential in 
the U.K., where he has been the owner of the Chelsea Football 
Club, a popular soccer club. He controls a large swath of 
investments, a stake in the Russian economy. Most notably he 
has shares in Evraz, the Russian steel company whose materials 
are used to make tanks. He recently obtained Portuguese 
citizenship, ostensibly to evade our sanctions. Mr. Usmanov has 
been called one of Mr. Putin's favorite oligarchs, who solves 
Putin's business problems. Both live luxury lifestyles in the 
West while helping to enable Russia's bloody invasion of 
Ukraine and deny Russians their basic rights.
    I welcome President Biden's focus on targeting the 
oligarchs, disrupting their corrupt networks, and seizing their 
stolen assets. The new KleptoCapture Task Force to pursue these 
powerful corrupt individuals is a profoundly important 
initiative. Already we have seen--we have seen seizures of 
yachts and luxury properties, and we expect to see more to 
come. Oligarchs are sure to fall back on lawfare, the abuse of 
our courts to pursue their aims. Their stolen fortunes give 
them the means to sue their opponents into submission and draw 
out cases to such an extent that they can no longer be 
completed. We have to fortify our system against lawfare, and 
we hope that we can win this fight.
    We should have no illusions about how difficult it will be 
to root out this influence in our society. For two decades, 
oligarchs have had license to loot the Russian state, launder 
that money through an opaque financial framework, and hide it 
in the United States and other Western democracies. The 
financial sector in this country needs to be fortified to 
defend itself against these types of improper use. I do applaud 
the administration for establishing the task force, and 
Congress. I want to acknowledge Senator Whitehouse's leadership 
and work on this issue, to get beyond the shell companies and 
the way in which oligarchs have tried to shield their assets 
from being able for us to get control over it.
    Yet, we need to do more, and we need to stop the lawyers, 
accountants, and company trust formation agents who enable the 
kleptocracy to continue as it is today. All must ask basic 
questions of their clients to ensure that they are not 
accepting tainted funds. These are some of the efforts that we 
need to do. I was pleased to see President Biden announce 
earlier today increased sanctions against Mr. Putin and Russia, 
including individual sanctions. If that is going to work, we 
have to be able to enforce those sanctions. They cannot hide 
them in a different account or a different person. That 
requires us to be a lot smarter in the way that we handle our 
laws.
    We have an excellent panel of witnesses today. We have a 
large panel, so we are going to stick to the five-minute rule 
so that everybody has a chance to not only present their 
testimony but also respond to questions from members of this 
committee. With that in mind, let me first recognize my 
distinguished co-chair, the Congressman from Tennessee, 
Congressman Cohen.

      STATEMENT OF STEVE COHEN, U.S. HOUSE, FROM TENNESSEE

    Representative Cohen: Thank you, Mr. Chairman and members 
of the Commission. I want to thank you for calling this hearing 
on this so important and timely topic. Many of the witnesses 
have risked their own freedom speaking out on these issues 
against Putin, and we know that can be dangerous. We thank you 
for your courage and for coming here to inform us of your 
thoughts and your experiences.
    Mr. Putin and his oligarchs work together to help fund this 
war machine and, with his enablers, they steal and oppress the 
Russian people. The Russian people, all of the money they have 
came from the Russian people. That should be wealth to the 
people. It is unbelievable what happened.
    Communism, bad, but they had the idea of giving money to 
people who needed it. Now the subsequent Russian world is 
taking it and keeping it for a few--just the opposite. Mr. 
Browder, you were instrumental in the creation of the Magnitsky 
Act, and that--Mr. Cardin championed that. I thank you for 
that. Signed into law in 2012. As Putin's illegal war in 
Ukraine drags on, Russian oligarchs have been at the forefront 
of our national attention. Many have been sanctioned, but they 
do not have that much influence anymore. Still, they should be 
sanctioned. They are a critical component of the regime and 
they often run Russian state-owned and state-influenced 
companies--positions they gained, of course, through corruption 
and through having Putin hand them that money.
    In exchange for the lavish lifestyles that they live, these 
oligarchs pledge their loyalty to the mid-level KGB agent who 
rose to be--as a graduate became the president, prime minister, 
president now again, currently overseeing Europe's biggest land 
war since 1945. They turn the other way as Russian armies 
continue to commit heinous war crimes against citizens of 
Ukraine, the extent of which we are just beginning to see. 
Oligarchs maintain their wealth with the help of enablers, as 
has been mentioned, lawyers, et cetera, et cetera. I, along 
with many of my colleagues here, co-sponsored the Enablers Act, 
which would finally force those professionals that help them to 
ask basic questions about the source of the funds for 
suspicious clients.
    In this unprecedented time of war, the U.S. and our allies 
have sanctioned many individuals close to Putin, making it 
harder for them to access their wealth. We must continue to 
keep the pressure on. President Biden has unified our allies 
and led the way with unprecedented crippling economic sanctions 
and significant military defensive aid--but not enough 
defensive aid and military aid. We need to give the Ukrainians 
everything, because if they do not win we all lose, and it sets 
the way for the rest of Europe to fall. It is no different than 
the Sudetenland. We are experiencing it now, and we need to 
recognize that fact.
    At the end of the last year, it was published by the 
administration, our strategy for countering corruption. They 
have one. Last month's Department of Justice launched a Russian 
oligarch task force, KleptoCapture, which works to identify 
sanctions evasion and related criminal conduct. Fine and good. 
The Helsinki Commission and the Counter Kleptocracy Caucus have 
been working hard in this space as well. I need to recognize 
Paul Massaro on our staff. He brought kleptocracy to my 
attention. It is how I got involved. He has been a great leader 
on this. He has been fantastic, and in fact, the first meeting 
we had, like a reception to kind of launch the Kleptocracy 
Caucus, was in a building on Pennsylvania Avenue overlooking 
Trump Tower. [Laughter.] How prophetic. [Laughter.]
    I introduced an omnibus package, the Counter Kleptocracy 
Act, along with Ranking Member Wilson, which includes six bills 
that would address and punish Putin's corruption system and 
regime. The rest of what I have got here I think other people 
have said or will say, and I will allow them to say it. I look 
forward to your testimony, of the expert witnesses, and for 
your continued courage, and for standing there with us today. I 
yield back the balance of my time.
    Chairman Cardin: Thank you. The ranking Republican member 
from the House, Congressman Wilson.

    STATEMENT OF JOE WILSON, U.S. HOUSE, FROM SOUTH CAROLINA

    Representative Wilson: Thank you very much, Chairman Ben 
Cardin and Chairman Steve Cohen, for holding this important 
hearing today on "Oligarchs, Enablers, and Lawfare." Putin's 
brutal murderous invasion of Ukraine has shaken the world to 
the core. He has committed atrocities and war crimes in Ukraine 
and leveled Ukrainian cities, all to fulfill the delusions of 
Dictator Putin. Putin ordered the invasion of Ukraine because 
Ukraine is a democracy. After all, it shows freedom from 
oppression, and because it shows accountability over 
corruption. This is the most back-and-white conflict in recent 
memory.
    Ukraine is defending itself from an aggressive, corrupt 
tyrant, and must win. As you just saw, he is done something 
absolutely remarkable. He has brought together Republicans and 
Democrats as we have not been brought together for a long time. 
Indeed, he is brought NATO together--the 21 countries of NATO 
together. He has done what President Trump was trying to do to 
help our German allies increase their defense capabilities, and 
they have. Now they have doubled their defense capabilities.
    Then the EU--I am very grateful to be the co-chair of the 
EU Caucus. He has done something for the 27 countries that I 
did not think could be done, and that is that the EU has 
provided military equipment. With my Democrat colleague Brendan 
Boyle of Philadelphia, we did not know the EU had military 
equipment, and so how far we have come.
    With the corruption of the political system by Putin we 
need--and I am going to accelerate what I am saying and give a 
full copy, with your approval, chairman. But--and this is 
incredible--I want to quote President Biden. He is correct that 
we have autocracies where they are ruling by the rule of the 
gun in a worldwide conflict, not just--as Steve pointed out--
not just the Sudetenland or Donbas, but it is the rule of law 
by the democracies and rule of a gun by the autocracies, and 
indeed, I could go on.
    I want to point out that I have got another big of 
legislation. I have such faith in the Russian people, and that 
is what they need to know. The world needs to educate them, and 
for those who defect, particularly in the military and 
diplomats, the persons in the Duma. If Russians will defect to 
come to the aid of Ukraine, we would, in the bill I have, 
authorize--if they bring over equipment to the people of 
Ukraine--it would be pre-delivered. I had a nice conversation 
with Speaker Pelosi about how helpful this would be. We would 
not, the Senator, have to deliver it, Mr. Chairman. It would 
already be there.
    With that, I want to yield back. I look forward to the 
witnesses.
    Chairman Cardin: Thank you. Any member who wishes to put a 
statement in the record will be made part of the record. Our 
witnesses, your entire statements will be made part of our 
record, without objection. If you will proceed and try to 
summarize your testimonies in about five minutes, to allow for 
our members to be able to ask specific questions. I think I 
will introduce you individually, let you speak, and then 
introduce the next witness since there are five witnesses.
    Daria Kaleniuk is the executive director of the Ukrainian 
Anti-Corruption Action Centre. I am particularly pleased that 
she is with us today. We haave been working with Ukraine since 
it regained its independence to make sure that it had the 
institutions to fight corruption within its own country. It has 
been a matter of domestic politics over several elections. It 
has been a work in progress. I am glad that we have a person 
who is a real expert on that area who can help us understand 
how Ukraine itself is trying to protect itself from the 
influences of corruption that we now see being the source of 
funding that has allowed Mr. Putin to invade their country. You 
may proceed.

     TESTIMONY OF DARIA KALENIUK, EXECUTIVE DIRECTOR, ANTI-
                    CORRUPTION ACTION CENTRE

    Ms. Kaleniuk: Thank you. Thank you for inviting me, Mr. 
Chairman. I am honored to testify here.
    I am running an anticorruption organization in Ukraine, and 
during the last 10 years, we have been advocating for 
anticorruption and rule of law reforms. On February 22, Mr. 
Putin made a speech that was, in fact, a declaration of war on 
Ukraine. He mentioned every single reform we were advocating 
during the last seven years. National Anticorruption Bureau of 
Ukraine, High Anticorruption Court, High Council of Justice. He 
mentioned that to the extent that even average Ukrainians do 
not understand and do not know that. It was clear to me at that 
moment that Ukraine's successful story in fighting corruption 
is the ultimate threat to Vladimir Putin and his kleptocratic 
regime.
    Two days after the speech, he started the war to punish us 
for our decision to live in dignity and freedom. Today is the 
42nd day of this war. Here is a picture of a six-year-old boy 
from Bucha. He is standing near the grave of his mother in the 
backyard of their house. His mother died of hunger. This story 
is one of thousands of horrible atrocities Putin's army is 
performing in my country. There is genocide happening now in 
Ukraine and the entire world observes it as a reality show.
    Let us think what has empowered Putin to become a new 
Hitler of our time? Partially this is the complicity of the 
West. Putin has two armies. One is visible. It operates in 
Ukraine, 100 000 troops, heavy weapons, missiles, tanks, bombs, 
and guns. The goal of this army is to eliminate Ukrainians and 
destroy Ukraine state from the map. Another army is invisible, 
unobvious. It has operated all across Western liberal 
democracies for decades. This is the army of lawyers, 
lobbyists, accountants, financial managers, real estate agents, 
and PR consultants.
    What do they do? They help to park billions of dollars 
stolen from Russian people to the West. They help to disguise 
their illicit origin by structuring complex financial 
transactions, by hiding the beneficial owners behind them. 
Using this money, they help to purchase the loyalty of the West 
to Putin's oligarchs.
    How big and powerful this army is? The estimated market 
cost of just one superyacht of Roman Abramovich, a Russian 
oligarch, is about $1.2 billion. His Eclipse superyacht. The 
estimated budget cost of weapons Ukraine received from the U.S. 
this year is about $2 billion. We are receiving now one and the 
cost of a superyacht from Roman Abramovich to defend 40 million 
people in Ukraine from the second-largest army in the world. 
Imagine what could have happened if all these yachts, and 
mansions, which are worth billions of dollars, could have been 
seized and then used to arm Ukraine and to defend our freedom. 
I believe these atrocities could have been prevented.
    Russian oligarchs are Putin's Western wallets, and they 
must be treated now as war criminals. They were empowering 
Putin's regime during the last two decades and helped him to 
finance the war against Ukraine. However, there are also 
enablers in the West who made this possible. Lawyers who 
silence investigative journalists for exposing corrupt 
oligarchic networks. Western former politicians who enter 
supervisory boards of Russia's state companies. Prestigious 
international forums like the Munich Security Conference invite 
Russian oligarchs. Top world universities that accept donations 
from Putin's Western wallets. Real estate agents, who do not 
dare to check the source of origin of funds invested into the 
most expensive mansions in the U.S., U.K., and other capitals 
of the world. The list could be continued.
    This is obvious to me now, that there are two battlefields 
of the Russian war against liberal democracy. One is in 
Ukraine, and we urgently need help from the USA to arm 
Ukrainians to win this battlefield. We need weapons. Another 
one is in the West, where America is obliged to fight by 
targeting Russian oligarchs and their enablers. I hope Congress 
will pass the Enablers Act, which is a very important and good 
start to this fight. It is just the beginning. It will be a 
long war, both in Ukraine and in the West. We have to fight 
this war together because it is a matter of who you are and 
what you stand for. God bless America. Slava Ukraini! [Glory to 
Ukraine]
    Audience Member: Heroiam Slava! [Glory to the heroes] 
[Applause.]
    Chairman Cardin: Thank you very much for your testimony. 
Our next witness, he is known better than any of us are known 
so it is hard to introduce Bill Browder. I remember the first 
time we had a chance to meet, it was during a Helsinki hearing 
when we were trying to do justice for Sergei Magnitsky. That 
was in the very early stages. We were facing obstacles from all 
sides, from the members of Congress to the administration, and 
Bill Browder never gave up. As a result of his efforts, we were 
able, of course, to pass originally the Sergei Magnitsky 
Accountability Act, and later the Global Magnitsky. I want to 
acknowledge the extraordinary work of my late colleague John 
McCain in getting those bills passed, and the work today of 
Senator Wicker, who has been our partner no making sure that we 
keep that statute strong and active.
    Bill Browder did what he could to help Russia, and when it 
was unsafe for him to be there, when his properties were 
stolen, he did what anyone should do--hire a lawyer and try to 
do it through the courts. As a result, his lawyer was 
imprisoned, tortured, and killed--Sergei Magnitsky. He has 
maintained his crusade for justice ever since. I mean, he is 
truly a--I think a hero to many of us. He currently heads the 
Global Magnitsky Justice Campaign, and is a founder and CEO of 
Hermitage Capital Management. He spends his time mostly in 
London but does a lot of traveling when it is safe for him to 
travel. It is a pleasure to have Mr. Browder with us.
    Senator Wicker: If my friend would yield.
    Chairman Cardin: Oh, I would yield to my--Senator Wicker.

  STATEMENT OF ROGER F. WICKER, U.S. SENATE, FROM MISSISSIPPI

    Senator Wicker: Just subscribe to every compliment and 
every statement of praise that Chairman Cardin has made with 
regard to Bill Browder. I think we would probably be remiss in 
not mentioning the contribution of Senator Lieberman in 
addition to Senator McCain in the initial Magnitsky Act. Bill 
Browder was a voice crying in the wilderness. It turns out, he 
is become a voice heard around the world, and as legislative 
body after legislative body and parliament after parliament 
adopts the Global Magnitsky Act, it is a credit to the tenacity 
expertise, and eloquence of our next witness. I just appreciate 
my friend, the chairman, giving me a moment to say what an 
honor it is to have someone who is made such a difference 
globally on behalf of human rights and standing up against 
kleptocracy around the world. Thank you, Mr. Chairman.
    Chairman Cardin: Mr. Browder.

   TESTIMONY OF BILL BROWDER, HEAD, GLOBAL MAGNITSKY JUSTICE 
                            CAMPAIGN

    Mr. Browder: Chairman Cardin, Co-Chairman Cohen, members of 
the Committee, Senator Wicker, thank you for having me here 
today. Thank you for these amazingly kind words. You know, the 
work that we all did together on the Magnitsky Act made 
Vladimir Putin very, very mad. Why did he get so mad? Because 
the Magnitsky Act freezes the assets of human rights violators 
and kleptocrats, and Vladimir Putin falls into both categories 
very firmly. He knew that one day we were not just going to be 
going after the murderers of Sergei Magnitsky, we were going to 
be going after Vladimir Putin himself. He made it his single 
largest foreign policy priority to repeal the Magnitsky Act.
    He went after me personally. He went after me with death 
threats. At the Davos World Economic Forum, Dmitri Medvedev was 
asked by some journalists about the death of Sergei Magnitsky. 
Medvedev said, yes, it is a shame that Magnitsky has died and 
Bill Browder is still alive and running around. The general 
prosecutor of Russia in 2018 said: That Bill Browder should not 
sleep peacefully at night. Later in 2018, when Donald Trump met 
with Vladimir Putin, Vladimir Putin asked Donald Trump to hand 
me over.
    Now, these are all things you would expect from Vladimir 
Putin. What you might not expect is that there was a whole team 
of Western enablers--of lawyers, investigators, PR firms--that 
assisted Vladimir Putin in going after me. I would like to tell 
one story, which is emblematic of this whole thing. This one 
story is just one story. There are many other stories that I 
could tell, and I am sure other people on the panel will tell. 
There is--but when you hear this story I think you will 
understand that these people were effectively operating as arms 
of Russian--of the Russian secret police, here in America.
    The story I want to tell you is about the Prevezon case. 
When we started to investigate the dirty money that Sergei 
Magnitsky was killed over, we found some of the money going to 
a company called Prevezon, which was a Cyprus company owned by 
the son of a Russian government official. We found some of the 
money came to New York. The person who helped me find the money 
was a former New York prosecutor named John Moscow. John Moscow 
worked for the firm BakerHostetler. He helped me find the 
money. I filed a complaint with the Department of Justice and 
the New York attorney general. On the back of that complaint, a 
federal forfeiture case was opened up and $20 million of 
properties were seized.
    As soon as the case was opened by the U.S. government, I 
discovered that John Moscow had switched sides and had become 
the lawyer for the people--for Prevezon, for the people whose 
assets were frozen. He was hired by a woman named Natalia 
Veselnitskaya. Natalia Veselnitskaya was reporting to the 
general prosecutor of Russia. The one who said: Bill Browder 
should not sleep peacefully at night. Then they immediately--
John Moscow, BakerHostetler, went on a rampage using subpoenas 
from the courts to find out all personal information about me. 
Find out my security details, find out my travel details, find 
out which governments I was talking to, find out which law 
enforcement agencies I was talking to, to find out the details 
of my colleagues in the U.K. and Russia.
    Of course, the moment that they found those details they 
would be handed over to Natalia Veselnitskaya, Natalia 
Veselnitskaya would then hand them over to Yuri Chaika. Then I 
would be in grave danger, and I am not overstating the danger 
that I was in, because I was warned by the Department of 
Justice that there was a Russian kidnapping plot being plotted 
against me.
    We eventually got the Second Circuit Court of Appeals to 
disqualify John Moscow and BakerHostetler for the obvious 
conflict of interest. These people continued after they had 
been disqualified from illegal work for BakerHostetler and 
provided them with legal advice until the case was settled and 
the Russians handed over $5.9 million to the Department of 
Justice. Why did these lawyers compromise themselves in such a 
dramatic and horrible way? Because they got $15 million or so 
to do it. These people are willing to sell their souls for a 
kopeck, I will say.
    Let me just finish up very quickly by saying, what should 
we do? One second, I know I am running out of time. What should 
we do with these people? I have got a good idea, which is that 
we should make a list of these types of firms that do this 
enabling, the list should be put together by the U.S. Congress, 
and there should be a recommendation to the U.S., government 
not to do business with these firms going forward. They can 
pick sides. They can decide they want to work for the bad guys. 
If they work for the bad guys, then they should not get any 
money from the U.S. government. I have got other 
recommendations in my--in my presentation. I will leave it at 
that. Thank you.
    Chairman Cardin: Thank you very much for your suggestions. 
We look forward to working with you on these different 
recommendations. We will now hear from Scott Stedman, the 
founder of Forensic News. When he was a college student he 
started doing some investigative news reporting in regards to 
the Mueller investigation of the Russian attack in 2016. He 
became very interested in the subject, ultimately publishing a 
book titled "Real News" chronicling the findings of the 
Russians' contact with the Trump campaign. Now is studying to 
become, I did not know this was a title, studying to become a 
certified anti-money laundering specialist. I expect we will 
have legislation in Congress to regulate that profession in the 
not-too-distant future. [Laughter.]
    With that, glad to hear from you, Mr. Steadman.

       TESTIMONY OF SCOTT STEDMAN, FOUNDER, FORENSIC NEWS

    Mr. Steadman: Chairman Cardin, Co-Chairman Cohen, and the 
rest of the members of the Commission, thank you for inviting 
me to speak at this important hearing at such a crucial moment 
in our history. I also want to thank Paul Massaro for 
organizing this hearing and for his incredible efforts in the 
fight against corruption.
    Journalists and anti-corruption activists around the world 
today are facing an unprecedented volley of threats. An 
emerging weapon of choice used by Russian oligarchs and their 
enablers is the power of the legal system to not only punish 
journalists for critical reporting but also threaten and 
intimidate us into silence. Over the last 18 months, I have 
lived the increasingly too common life of an investigative 
journalist who splits his time between researching and writing 
articles and tending to a defamation lawsuit.
    I report on issues of national security, financial crime, 
and corruption so I closely followed the investigation 
conducted by the Senate Intelligence Committee into foreign 
interference in the 2016 election. During that investigation, 
it was reported that the investigators in the Senate were 
interested in interviewing Walter Soriano, a man who was 
initially described as a mysterious security consultant. Over 
the following year, I produced six reports and one podcast on 
Mr. Soriano along with my colleagues at my media startup, 
Forensic News--Eric Levai, Jess Coleman, and Robert DeNault. We 
unraveled Mr. Soriano's business relationships with power 
brokers in both Russia and Israel. The articles, keeping in 
line with the mission of Forensic News, were largely based on 
hard evidence--corporate records, court documents, foreign 
media reports, et cetera.
    Well-placed sources in multiple countries around the world 
supplemented this evidence. Here is what was established: 
Walter Soriano is an enabler of the oligarchy. Mr. Soriano, who 
is a former Israeli intelligence officer, has worked closely, 
albeit covertly, for multiple Russian oligarchs. Namely, Oleg 
Deripaska, a sanctioned Russian billionaire described by the 
Senate as, "one of the Kremlin's most significant malign 
influence operatives." With these unique, powerful connections, 
Mr. Soriano has acted as a key intermediary between the Russian 
oligarchs, including Mr. Deripaska and Dmitry Rybolovlev, and 
intelligence and surveillance companies mostly based in Israel.
    Before our last report was published, Tom Clare, who is a 
top defamation lawyer representing Mr. Deripaska, wrote to me 
and threatened legal action while also demanding, "You must 
provide him with your sources and any documentation public or 
otherwise." Mr. Soriano's U.K. lawyer Shlomo Rechtschaffen 
emailed me and asked a question attempting to identify my 
father. More recently, Mr. Soriano's U.S. litigation counsel 
Andrew Brettler wrote to me threatening yet more legal action 
if I did not pay a U.K. court for more money than I have ever 
had in any bank account. Mr. Brettler said, "Should you ignore 
this demand, you will be proceeding at your peril." This is 
what lawfare looks like. It is designed to suppress, stall, and 
scare critical coverage of the Russian elite and their 
enablers.
    Soon after the last article, we published Mr. Soriano filed 
an expansive lawsuit in London against the corporate entity of 
Forensic News and all of the contributors to the podcast and 
the articles personally. For over a year, we contested the 
jurisdiction of the lawsuit. I have never stepped foot in the 
United Kingdom. Forensic News has no corporate presence there 
and the vast majority of my readers are here in the U.S. 
Perhaps more importantly, I am an American citizen. I went to 
great public schools my entire life and I started and 
incorporated my business in California, where I live. I expect 
the First Amendment to apply to me. With a landmark ruling 
handed down by the England and Wales Court of Appeals, I am now 
forced to continue fighting this lawsuit from a man who has 
made millions from the Russian oligarchy.
    Let us study Walter Soriano as he represents the enabler 
class that Russian oligarchs continue to hire to spread their 
influence into the West. The very core of our rights as 
Americans and freedom-lovers everywhere is the ability for 
journalists, the truth seekers of our societies, to operate 
without fear of intimidation or retaliation. Do not let the 
oligarchy shoot the messenger. Thank you again for inviting me, 
and I look forward to your questions.
    Chairman Cardin: Thank you very much for your testimony.
    We are now going to hear from Anna Veduta, who is the vice 
president of the Navalny Anti-Corruption Foundation 
International. I think we all know that Alexei Navalny is the 
most prominent opposition leader in Russia, currently in 
prison. We have in Congress taken action to try to stand up 
with him, defend his rights, and his ability to speak out and 
be freed from imprisonment. We very much welcome your testimony 
and how you see the current circumstances of Mr. Navalny, but 
also in Russia.

   TESTIMONY OF ANNA VEDUTA, VICE PRESIDENT, ANTI-CORRUPTION 
                    FOUNDATION INTERNATIONAL

    Ms. Veduta: Thank you so much for having me here. I am 
honored.
    Putin's corruption kills, literally. It is not a figure of 
speech. It never was. Alexei Navalny and his team have been 
saying it for over a decade. Tragically, it takes poisoning 
Navalny with a novichok nerve agent and him almost dying from 
it, his imprisonment, and the outlawing of the opposition 
movement in Russia for this message to be heard loud and clear. 
It is even more tragic that it took a total invasion of Ukraine 
and the deaths of thousands of innocent civilians for the West 
to finally act with strength when the message had been clear 
for so long. I am confident at this point all of us agree that 
we are paying a terrible price for not acting sooner.
    Yet, now is no time to regret, but to act to prevent 
further atrocities. As one of the lucky few who corresponds 
with Alexei Navalny regularly, through lawyers, I will quote 
his letter from a few days ago, "Sanctions work. There is a 
split in Putin's elites and it is our job to exacerbate and 
enhance it." Repeat the words Leonid Volkov, my colleague, said 
in these very walls last fall: Let us fight this fight 
together. No matter what Russian elites are trying to signal 
out of fear and despair, they are, for a fact, terrified and in 
despair.
    That is a good place to start. Sanctioning corrupt 
politicians, oligarchs, and their family members, along with 
enablers, proxies and nominal owners of assets is the most 
straightforward way to make them suffer as beneficiaries and 
supporters of Putin's regime. Extended family members are the 
key here, but I need you to understand that that is not what 
most people think when they hear extended family. Let me start 
with Vladimir Putin, the war criminal. My colleagues' 
investigation of his palace proved, on paper Putin owns next to 
nothing but he has a distributed wealth system centrally 
managed and funded by state-owned enterprises and oligarchs' 
donations.
    The legal owners of various assets that are believed to 
belong to him are bound to Putin by ties of family and 
patronage. They include Putin's relatives of various degrees of 
remoteness, endless in-laws, and vassals whom he allows to run 
companies dependent upon the state. A normal person would have 
a finite number of, you know, extended family and relatives. It 
is not the case for Vladimir Putin, who has at least three 
families. Two daughters with his ex-wife Lyudmila--and I know 
they have been sanctioned today, thank you for that. Long-
established partnership with Alina Kabaeva, and a daughter with 
his mistress Svetlana Krivonogikh. All these people, their 
relatives, dozens of Putin's remote relatives, benefit from the 
regime he has established and nominally hold his assets. 
Without sanctioning all these people you are letting Putin off 
the hook.
    It is not just Putin's family. Putin's corrupt wealth 
management system includes the members of his security council, 
the oligarchs, and all his closest team members. They all hold 
things for Putin and their extended families hold things for 
them. They may be personally sanctioned, but their actual 
wealth structure allows them to keep assets and their family 
members to use them.
    Last but not least, this inhuman war would not have been 
possible to wage if it was not for the propaganda machine Putin 
built over two decades of his rule. The faces of propaganda 
might not possess wealth comparable to oligarchs, but some of 
them hold significant assets abroad. These are the people 
directly responsible for the war crimes in Ukraine, and without 
their lies, Putin would have no support for his war. Atrocious 
lies, like NATO have been preparing the provocation of Bucha 
for a long time. It is confirmed by the fact that President 
Biden called Putin a "butcher." Butcher and the name of the 
city "Bucha" are consonant.
    Forty days into the war, the Mariupol massacre, and the 
Bucha bloodbath. People responsible for these lies, people who 
are poisoning Russian people with those lies, still can enjoy 
spring break in Miami and take their kids to Disneyland. They 
can also own property here and keep their money safe. I am 
going to quote Alexei Navalny once again, "Warmongers must be 
treated as war criminals." From the editors-in-chief to the 
talk show hosts, and the news editors, all of them should be 
sanctioned now and tried someday. Most drastic measures must be 
taken to make the work of these people more difficult. From a 
complete ban on the supply and service equipment to seizing 
their assets in the West and putting them on visa blacklists.
    The monstrous atrocities in Bucha, Irpin, and other 
Ukrainian cities were committed not only by those who tied the 
hands of peaceful people behind their backs, not only by those 
who shot them in the back of their heads but also by those who 
stood by and whispered: Come on, shoot. Give us some nice 
material for our late-night TV show. Let me remind you this 
quote comes from a man who spent more than a year behind bars 
in the hands of the very same people who tried to kill him in 
August 2020, with no guarantee they will not attempt to do it 
again. He just had his sentence increased from two and a half 
to nine years in maximum security prison. Alexei Navalny and 
all of us on his team have no illusions. His term is a life 
term. His or Putin's. Let us fight this fight together. Thank 
you.
    Chairman Cardin: Thank you very much for your testimony.
    We will now hear from Shannon Green, executive director of 
the USAID Anti-Corruption Task Force and a senior advisor to 
the administration. She serves as the senior advisor to the 
administration executive director of the Anti-Corruption Task 
Force. She previously was the senior director of programs at 
the Center for Civilians in Conflict, where she oversaw the 
organization's global effort to recognize the dignity and 
rights of civilians, prevent civilian harm, and protect 
civilians caught in conflict.

 TESTIMONY OF SHANNON GREEN, EXECUTIVE DIRECTOR, USAID'S ANTI-
 CORRUPTION TASK FORCE, AND SENIOR ADVISOR TO THE ADMINISTRATOR

    Ms. Green: Thank you. It is an honor to testify alongside 
these guardians of democracy.
    Autocrats do not just destroy democracy and the rule of law 
in their own countries. They also stifle discourse, corroding 
economic integrity, and interfering in politics in other 
countries. They cannot do it alone. They rely on cronies, 
oligarchs, and professional enablers to do their bidding. Yet, 
there are powerful champions on the side of democracy, like 
those serving on the Helsinki Commission and those we just 
heard testify. These are the enablers of democracy.
    As part of the Biden-Harris administration's historic fight 
against corruption, USAID is launching bold new initiatives. I 
will touch on each briefly. First, supporting reform 
coalitions. Much of what we have learned about Kremlin 
kleptocracy is due to the heroic reporting of investigative 
journalists and dogged efforts by civil society to uncover the 
truth. At USAID, we are investing in these change agents, 
building their capacity and coalitions to expand wrongdoing and 
demand reform. These actors have tremendous reach and 
creativity. Over the past month, we have marveled as novice 
internet sleuths and civil society experts tracked down 
oligarchs' assets and pushed to impose costs on those 
responsible for Putin's unprecedented and unprovoked assault on 
Ukraine. USAID is helping make sure this evidence gets into the 
hands of the departments and agencies that are responsible for 
sanctions, asset freezes, and other economic countermeasures.
    Second, confronting lawfare. Too often autocrats and 
oligarchs escape accountability by filing defamation lawsuits, 
not meant to be won in court but instead to bully journalists 
into silence. For too long, those standing for integrity have 
been outmatched. We aim to change that. At the Summit for 
Democracy, USAID announced that we will establish a global 
defamation defense fund to insure journalists against lawsuits 
designed to deter them. This groundbreaking insurance system, 
tentatively called Reporters Mutual, will not only allow 
journalists to purchase reasonably priced legal defense 
coverage but will also deter autocrats from suing them in the 
first place, knowing that this tactic will not stop the media 
from exercising their rights.
    Then, third, helping our partners follow the money. Four 
months ago, the administration released the first-ever U.S. 
strategy on countering corruption. The strategy outlines major 
new steps the U.S. is taking to prevent oligarchs from using 
the U.S. and international financial systems to shelter their 
ill-gotten gains. Of course, there is much more that we need to 
do, especially to address the enablers. Professional service 
providers--like lawyers, accountants, and trust and company 
formation agents--are not required to know how their clients 
came by their wealth. The administration is considering ways to 
address this gap and will work with Congress to secure 
additional authorities as necessary.
    As the U.S. confronts these vulnerabilities at home, USAID 
is developing new programs to take on kleptocracy abroad. 
First, our Combatting Transnational Corruption Grand Challenge 
will build new coalitions, particularly with the private 
sector, and source novel tools, technologies, and approaches to 
curb the corruption that strips entire countries of resources 
that should be used for development. Second, our Global 
Accountability Program will work in key countries to build 
resilience against kleptocracy and illicit finance, including 
by supporting beneficial ownership disclosure, integrity of 
government contracting and procurement, and anti-corruption 
investigations. Third, we are drawing lessons from the former 
Soviet bloc where populations fed up with corruption have 
innovative radical transparency and accountability measures. We 
are developing guidance on this reform process to benefit other 
countries trying to free themselves from the clutches of 
foreign-backed kleptocracy.
    In closing, progress against corruption often invites 
backlash. Seeing his influence over Ukraine diminish, Putin 
started an unjust and brutal war. Yet, as President Biden said 
in Warsaw, Russian forces have met their match in the brave and 
stiff Ukrainian resistance. He advised Europeans, "Be not 
afraid." He assured the people of Ukraine, "We stand with you." 
Well, Russian oligarchs and cronies have met their match with 
the fearless reporting and bold advocacy of journalists and 
activists. Anna, Bill, Daria, and Scott, we draw inspiration 
and courage from your example. The U.S. government's message to 
you, and all of your fellow change agents, is: Be not afraid. 
We stand with you.
    Thank you and I look forward to your questions.
    Chairman Cardin: Thank you very much for your testimony.
    I am going to yield my time to Senator Whitehouse.

STATEMENT OF SHELDON WHITEHOUSE, U.S. SENATE, FROM RHODE ISLAND

    Senator Whitehouse:: Well, thanks, Chairman. I appreciate 
it. I am delighted to have all these terrific witnesses here. I 
want to thank, first of all, you, Chairman, for your leadership 
on the Magnitsky Act. That is a Cardin project initially, 
particularly with John McCain, our dear and common friend. I 
also want to thank Senator Wicker, who had to step out for a 
moment, who is my cosponsor in the asset seizure for the 
Ukrainian Reconstruction Act, which would strengthen, Ms. 
Green, the U.S. government response to these sanctions 
opportunities and also allow the value of those assets, those 
seized assets, to go to help Ukraine.
    I am also working on finding a Republican co-sponsor for 
the Enablers Act, to do as you have suggested, go after the 
securities funds, the art dealers, the real estate folks, 
everybody who helps these people hide assets--whether it is 
yachts, or jets, or Lamborghinis, or Matisse. Wherever it is, 
we want to make sure that there is transparency and we can hunt 
out their ill-gotten gains. If anybody wants to find a 
Republican senator to join in that I would be delighted to have 
your--have your help. It seems pretty straightforward.
    I wanted to ask about enforcement. It is a great thing to 
have sanctions. It is another great thing to have a sanctions 
enforcement environment in which the U.S. is dynamic, is 
operating adaptively, aggressively, at high op-tempo, and is 
moving with alacrity, even where the evidence is not complete. 
Where there is a sufficiency of evidence to know that it is an 
oligarch's yacht, we ought to go grab the damn thing, even if 
we have not pressed through the Cypriot account and the Cayman 
Islands trust or, hell, the South Dakota trust through which 
all of the obscuring is done. We want to be able to make sure 
that the operation that the Biden administration is standing up 
for can and will run on whistleblower evidence, on intel out of 
DNI.
    For a long time, the State had a sanctions office and DOJ 
what it called its kleptocracy initiative within the asset 
forfeiture division. Treasury has always had FinCEN. We want to 
see those combined, working in real-time as if this was an 
ongoing game, in which when you find a piece of information you 
can move that day on it and not have everything go into the 
slow bin of careful analysis and be done later, and not suffer 
death by interagency process, which is one of the worst fates 
that can befall an initiative in the United States government. 
We want to see the DNI actively supporting this effort by 
providing ownership intel to it to support the decisions to go 
and seize things. We want to make sure the Department of 
Defense can ensure a safe operating environment for the seizure 
in a foreign country for the folks who are going to go and 
actually grab it.
    As I said, I cannot wait to see police tape around mansions 
in Belgrave. I cannot wait to see police tape around Penthouses 
in Miami. We got one yacht, which on the one hand is a cause 
for celebration, a first-ever, bravo by the administration. On 
the other hand, really? This is the first time we have managed 
to seize an oligarch's yacht in all the time we have known 
about this. A huge step up in performance at the operations 
level is necessary, again, with the same kind of op tempo and 
drive that you see the military bringing to a combat 
environment. We have all been to combat environments in 
Afghanistan and Iraq. We have seen the rooms with the 
television screens all over the walls that are in real-time 
tracking the activities that are taking place in that combat 
environment to make sure there is deconfliction, to make sure 
that things are coordinated and happening effectively.
    That is the spirit that needs to come to this. I hope, Ms. 
Green, you will take that message back to the department and 
encourage them to continue stepping up their game. This is part 
of another Biden first, the democracy initiative, which for the 
first time recognized the national security threat to our 
country of this whole wretched, rotten, dark economy that 
supports essentially all of the institutionalized evil in the 
world, and crime, and terrorism. We support that institutional 
architecture. We have got to withdraw support for it. It is a 
national security imperative. Thank you.
    Chairman Cardin: Thank you. Next time we will have you 
down--[laughter]--we always--Senator Whitehouse has been an 
incredibly inspirational leader. We have caucuses weekly, and 
he has been motivating our caucus in this area for a long time. 
I think a lot of the action you have seen in Congress and the 
administration has been motivated by Senator Whitehouse-so good 
work.
    Congressman Cohen.
    Representative Cohen: Thank you, Mr. Chair. I want to just 
say, that for years I have thought Mr. Whitehouse should be 
president. He still has my endorsement, but not as much good as 
it did him the last time. [Laughter.]
    Mr. Browder, you gave us one recommendation. You have 
others in your paper, but I would like for you to tell us some 
of the highlights. The top two other recommendations--number 
two and three.
    Mr. Browder: Thank you. Is this on here? The other one, 
which kind of fits with our whole Magnitsky program, is about 
visas. Now, of course, John Moscow and his colleagues at 
BakerHostetler are American citizens, so we cannot ban them 
from coming to America. In my five minutes of testimony, I did 
not have a chance to rattle through the same stories that I 
have in the U.K. One of the things that I have been discussing 
with the people in the U.K. and here is to reciprocally ban 
enablers from each other's countries. If there is a British law 
firm or a British lawyer--a British lawyer who is been 
consistently acting on behalf of Russian intelligence to 
terrorize journalists in the U.K., the United States should ban 
that lawyer from coming to America. Visa bans are highly 
powerful. I think that if we were to do that, and if Britain 
were to ban the John Moscows of the world, I think people would 
think twice about it.
    Number two on my list is that a lot of trouble came from 
Russia--Russia has a mutual legal assistance treaty with the 
United States. It is a treaty that exists as of today. They can 
ask for assistance in legal matters, and vice versa. That 
mutual legal assistance treaty should be canceled as soon as 
possible.
    Representative Cohen: Thank you.
    Ms. Veduta, I am sorry I did not get to hear your testimony 
because I wanted to. I had to go vote. It comes with the job. 
Are you still Mr. Navalny's vice president of his anti-
corruption group?
    Ms. Veduta: Yes. Not still, this is my new position 
actually.
    Representative Cohen: Oh, it is your new position. I got 
you. How often do you have an opportunity to interact with him, 
or is there any way to communicate with him?
    Ms. Veduta: We actually can communicate with him through 
the lawyers--through the letters that we get from his lawyers. 
While typically it is possible to do it every weekday, the 
weekends, though, are really a tough time for us all, 
especially since the time that he went on a hunger strike, 
because the lawyers cannot enter the prison building during the 
weekend. We never know what happens to him. On weekdays, yes, 
we can talk to him.
    Representative Cohen: Your lawyers talk to him every day?
    Ms. Veduta: They tend to, yes.
    Representative Cohen: Yes. Has he ever been treated poorly 
in prison, in a way--attacked, or anything like that, while he 
has been in prison and or submitted to any particular 
penalties?
    Ms. Veduta: The tortures that they are putting him through 
in this prison are a little bit different from what you could 
think about torture. He is isolated. He is imprisoned in a 
prison. Although right now he has his inmates, they are not 
allowed to talk to him. That will not be the case after, you 
know, this next verdict is empowered. Although we will appeal, 
there is not much hope that you know, anything would come from 
that. Yes, a life term, and he will be even more isolated with 
this new term. As of now, he was not allowed to talk to anyone, 
and no one was allowed to talk to him. You can only imagine how 
it can be, to be in prison with no one to talk to.
    Representative Cohen: How do you communicate his thoughts 
and his opinions for the Russian people? What platforms do you 
use?
    Ms. Veduta: We still have his blog, which was used to-- 
well, as a tool for whistleblowing for a long time. It is a 
stand-alone blog. We also have three YouTube channels which we 
are trying to grow because, as you know, right now in Russia 
the free media is extinct. As of last week, even the Nobel 
Prize-winning Novaya Gazeta also was forced to stop the 
operation because of the new laws in Russia, which forbid 
calling the war a war and force you to call it a special 
operation. As of today, there is no free press in Russia. The 
only way to correspond the truth and the evidence of the 
atrocities happening in this war is through YouTube because it 
has not been blocked yet.
    Representative Cohen: I have only got 20 more seconds. I 
thank you.
    Ms. Kaleniuk, I thank you for your testimony. I thank you 
for your choice of wardrobe. It represents your country 
beautifully. I agree with you, we should have put--I mean 1.2 
billion compared to 2 billion is a joke. When history is 
written it will not--it may not write well upon our actions in 
acting as late as--dilatory as we have. Thank you for your 
courage and for being with us. I yield back.
    Chairman Cardin: Senator Shaheen.

  STATEMENT OF JEANNE SHAHEEN, U.S. SENATE, FROM NEW HAMPSHIRE

    Senator Shaheen: Thank you, Mr. Chairman. Thank you to each 
of our panelists for being here. I would like to begin with 
you, Mr. Browder. As a resident of the U.K., you had some sense 
of how the U.K. has been willing to respond. Like the United 
States, I think they have been slow, as has the rest of the 
Western world, in responding. One of the areas now that they 
have begun to do a better job in the U.K., one of the areas 
that stands out is their overseas territories, which have been 
outliers in allowing individuals to use those territories and 
avoid other crackdowns in Britain itself. Can you speak to 
that? I see Mr. Stedman also nodding on that, so maybe you 
would speak to it as well.
    Mr. Browder: It is an excellent question. If we actually 
look at the amount of dirty money from Putin and his cronies 
that are held by oligarchs around the world, the vast majority 
of them are not--of the money is not held in the United States, 
London, or Switzerland. Of course, we see the mansions and the 
yachts. That is just a very small amount of money. The vast 
amount of money is held in financial assets. They are held by 
Cayman Island, British Virgin Island, Jersey, et cetera, 
companies. As you mentioned rightly, those companies are all 
British overseas territories, which is a problem.
    If you actually were to go to the law enforcement agency of 
the Cayman Islands, you would probably find, like, an office 
with six people in it, or five people in it. They probably have 
a lot of other things to do beyond policing these billions--
tens of hundreds of billions of dirty money that is coming into 
their country. There is one very interesting thing that nobody 
noticed, which is when the U.K. passed its Magnitsky Act, and 
when the U.K. does other types of sanctions, it does not just 
apply to the U.K. It applies to all of these overseas 
territories, and all of them apply it uniformly.
    For what it is worth, even though the United States has not 
sanctioned Roman Abramovich, Britain has. All of his hedge 
funds are held--or, not all of them--but I would imagine a lot 
of them are held, according to reports, in Cayman Island 
companies that are involved in--or, that are a part of hedge 
fund investments. Those hedge funds are not allowed to send in 
money, receive money from him, et cetera. That money is frozen.
    In spite of the fact that there is no enforcement in these 
places, the fact that they are part of Britain, and Britain is 
acting appropriately, and Britain is sanctioning people, means 
that a lot of this stuff is getting caught in this new 
sanctions regime. If we were to actually look in terms of 
chasing down the assets going through these structures, et 
cetera, they are all highly obscured. There is no public 
registry. There is no ownership, and there needs to be a lot of 
reform done before the situation is ever going to be 
satisfactory.
    Senator Shaheen: Do we need to get at that by going after 
the laws? By trying to get Parliament to address that, just as 
we got to try to get Congress to look at some of the more 
obscure laws? Or is there--or is it the enforcement piece that 
is the most critical?
    Mr. Browder: There is everything. At the moment, there is 
no public register. If you have a U.S. company, for the most 
part, I believe, you can actually look and see who owns that 
company. Same thing with a British company. If you have a 
British Virgin Islands company, it is secret. Nobody can look 
behind and see who owns it. That cannot exist. That is absurd. 
That needs to be changed. The British government has promised 
to change it for a long time. There are timetables that keep on 
slipping for it to change. I think it would perfectly 
appropriate for the U.S. Congress to--you do not have to even 
go through the government. Write a letter directly to the 
British government. They will be sensitive to it. Say, why are 
the--why is there no--why have you not created public 
disclosure of ownership in these offshore territories? We are 
disappointed with you.
    Senator Shaheen: Thank you. Mr. Stedman, do you want to 
speak to that as well?
    Mr. Stedman: Yes. I wanted to agree with Bill and disagree 
with Bill on one point. Yes, when we get into the off-shore 
jurisdictions, like the British Virgin Islands, Malta, and 
elsewhere, we run into a dead end, especially as an 
investigator--investigative journalist, like myself. We also 
have to look inward. Increasingly states in the U.S., like 
South Dakota, and Nevada, their secrecy laws that are 
obstructive to any investigator. We can apply a legislative fix 
here internally that would solve a big problem.
    The other point I wanted to make is that we need to focus 
on these registered agents that register the companies and then 
wash their hands and say: I have nothing to do with the 
company's business and I have no legal obligation to follow 
where this money is coming from or what it is being used for, 
and that is--
    Senator Shaheen: They are lobbyists, essentially?
    Mr. Stedman: I am sorry.
    Senator Shaheen: They are lobbyists, is that what you are 
talking about?
    Mr. Stedman: No, they are company formation agents. 
Sometimes they are lawyers. They set up dozens or hundreds of 
LLCs in places like South Dakota, Nevada, other states, 
Delaware, in the U.S. I think there need to be requirements for 
these kinds of people to know what their LLCs are doing. Sure, 
they are the registered agent on the filing for the company, 
but under current law, they have no obligation to investigate 
where the money is going through this LLC. I think we can make 
a big difference there.
    Senator Shaheen: What would you--what would you have--how 
would you change current law to address that?
    Mr. Stedman: I think the Enablers Act is a great start. I 
think applying the kind of anti-money laundering laws that we 
have with the financial system, I think they need to be 
extended to these company formation agents, to these lawyers 
that are facilitating these shell companies, here in the States 
and elsewhere, that are being laundered--money is being 
laundered through them by the millions and billions, even here 
in the U.S. The scrutiny on those kind of people is, I think, 
an area where we can really improve.
    Senator Shaheen: Thank you. Thank you, Mr. Chairman.
    Chairman Cardin: Congressman Wilson.
    Representative Wilson: Thank you very much, Mr. Chairman. 
Again, I am grateful that Republicans and Democrats are truly 
united for the people of Ukraine. President Biden is correct, 
we are in a conflict between democracies with the rule of law 
versus the opposed to the autocracies with the rule of guns. 
The people of--I believe, of Ukraine will win. They will save 
the people of Georgia, the people of Moldova. They will save 
ultimately the people of Taiwan from the Communist Party of 
China. Then we will also save the people of Israel from 
vaporization by Iran. We will promote India, led by Prime 
Minister Narendra Modi, an extraordinary champion of the 
world's largest democracy.
    With that in mind, for Mr. Stedman, I appreciate your 
courageous journalism that has focused on the corrupt 
oligarchs' network. As a journalist, what are your main 
takeaways on how oligarchs operate, and how can Congress 
protect journalists who investigate oligarchs?
    Mr. Stedman: Thank you for the question, Senator. I think 
broadly this discussion is a good starting point. We need to 
focus on the enablers. Speaking of the legal threats that 
journalists like myself and others are facing, there need to be 
some changes to the way that these lawsuits are dealt. For 
example, my case is in the U.K. I have never been there, but 
the action has been brought there. There needs to be a way for 
journalists in the U.S. to apply to a judge at the beginning of 
the process to have these lawsuits deemed as abusive and as 
SLAPP lawsuits because, I think it was Anna or Shannon, who was 
saying that the process of the lawsuit is the punishment.
    I have spent 18 months with this lawsuit and we are just 
now clearing the jurisdictional hearings. It is going to be 
another year at least--a year or two. We have to have a hearing 
on the meaning of the words that are complained before we can 
even get to the trial. The process is the punishment. I am 
spending--and journalists in my shoes are spending tens of 
thousands of dollars to fight these lawsuits. There needs to be 
a way at the beginning of the process to maybe alleviate some 
of that stress from foreign lawsuits.
    Representative Wilson: Well, we appreciate your efforts.
    Director Kaleniuk, the American people are so impressed by 
the people of Ukraine. It is just every day we see heroism, and 
you have some of your colleagues here today that are just 
incredible. To see the families that will bring their families 
to Romania or Slovakia, to Poland, and then go back to stop the 
imperialists that are proceeding, it is just--again, we are 
just so grateful for your hard work. Additionally, the Anti-
Corruption Action Centre has pushed hard for sanctions against 
Putin's cronies. Are the sanctions against oligarchs effective? 
Have we identified the right oligarchs to be sanctioned?
    Ms. Kaleniuk: Thank you, Senator. Actually, before 
aggression, before the war, we started the campaign to blow up 
Putin's wallet. We started mapping that Western access of Putin 
oligarchs. Not all oligarchs are sanctioned yet, even in 
America. Roman Abramovich was not sanctioned, and it is 
important to synchronize these sanctions also with other 
countries, specifically the EU. We have to do something with 
the European Union because most of the assets are hidden 
actually there--in Germany, in France, in Italy. We are just 
hearing, you know, some peanuts information about first 
seizures, but it is top of the iceberg, and the sanctions 
regime of the EU has to be increased.
    As well as visa bans for the EU, for family members of 
these oligarchs, is probably even more hard for these oligarchs 
than, say, economic sanctions. I think that America could lead 
in strengthening the sanctions regime of the EU and also in the 
U.K. Sanctioning of oligarchs should include visa bans and 
travel for them--and travel bans for them, but also their 
family members. It is also very true for America. If you 
sanction an oligarch, it is a must-have to sanction all his 
family members. Then I would, to reflect what Senator 
Whitehouse said, it is important to follow up on how actually 
these sanctions are being implemented. I have seen in my 
practice many examples when after sanctions they are just 
reregistering their business on some--on their wives, on other 
family members, and sanctions, you know, can be bypassed. You 
have to sort it out. Thank you, Senator.
    Representative Wilson: Well, thank you very much, and not 
another question, but I just want to thank Mr. Browder. I think 
your book is going to help identify kleptocrats, and then we 
can work to really--bipartisan, to indeed make a change to go 
after the kleptocrats and oligarchs and people who are 
benefitting from the misery of people around the world. I yield 
back.
    Chairman Cardin: Thank you. Well, it is clear that we want 
to and must win the war. To win the war, yes, we have to give 
the Ukrainians all of the weaponry they need in order to defend 
themselves so that we can win on the battlefield. It is more 
than winning just on the battlefield, as we have been pointing 
out. We have seen the propaganda that Mr. Putin has used within 
Russia. We have to be able to counter that because we need the 
support of the Russian people so Russia moves in a different 
direction than Mr. Putin has led them. The sanctions regimes 
are critically important to take away the support system for 
this type of governing and to also make it clear that there 
would be a price to pay. I think the enforcement issues are 
important, and we have talked about that.
    Clearly, we have to do a better job, first, on the net of 
enablers. I personally think the sanctions statute is probably 
broad enough to cover that today if it is used in that way. We 
do know that there are professional responsibilities that need 
to be strengthened so that professionals know there is going to 
be accountability if they participate in this type of corrupt 
regime. We have not tightened our laws enough on that, Ms. 
Green. I think that is one of the issues that you said you are 
going to be going after that. If you need additional authority, 
please let us know. I would hope that we could work in unison 
with you. I support Senator Whitehouse's efforts to make sure 
that our laws are strong enough to make sure that all these 
enablers are covered under that definition.
    Then we have the lawfare issue, which is very complicated. 
When we deal with our democratic institutions and our rights of 
a democratic society, and we see those that are trying to bring 
down our democracy using our democratic institutions against 
us, it is a lot more nuanced as to how we are going to have to 
deal with that issue. We need to deal with it. Because of what 
you all have suffered through, those of you who have been 
victimized by the system and then the lawfare challenges that 
have not only been expensive but dangerous the way they have 
been used, we have got to figure out a way. Again, it may deal 
with professional standards, because lawyers are prosecuting 
these cases they should have some responsibility regarding the 
way that they conduct their activities.
    Ms. Green, I am going to ask you about one other part, 
because part of this, to me, is accountability. One of my 
greatest worries is that there is a resolution on the 
battlefield, the Russian troops go back to Russia, and Mr. 
Putin goes back to doing his business until the next time he 
decides to take out his military because of whatever reasons he 
thinks it is needed for domestic politics or his satisfaction. 
That is, he has to be held accountable. You have talked about 
providing help. At this time, the only entity I see on the 
ground in Ukraine gathering evidence for war crimes are the 
Ukrainians themselves.
    I do know the strong statements that have been made by 
President Biden and others about Mr. Putin being responsible as 
a war criminal, but I do not see any of the international 
organizations that are responsible for accountability of war 
crimes actually engaged in an aggressive way to make it clear 
that there will be accountability. Is there something that we 
should be doing stronger at USAID or in the government to get 
this process moving, to make it clear it cannot be compromised 
in any settlement?
    Ms. Green: Mr. Chairman, thank you for that question. We 
are thinking about accountability on two levels. One, when it 
comes to sanctions and asset freezes and these confiscations, 
that is about imposing costs right now on the people that we 
can, when we can, and to make it hurt as much as we can. That 
is sort of the day-to-day accountability. At the same time, 
there are really robust efforts going on within the U.S. 
government and international community on accountability. The 
U.S. government has been spending a lot of time internally 
making sure that we are supporting international accountability 
mechanisms, including the Commission of Inquiry.
    In particular, USAID's role is that for a long time, we 
have had Ukrainian organizations documenting abuses in the 
Donbas and Crimea. These organizations are now shifting so that 
they can document those abuses and gather evidence at a really 
high level of standard to feed into future accountability 
processes. I think we absolutely share your concern about 
accountability. There is an ongoing, very intense focus on that 
issue. I will most certainly take back to my colleagues the 
interest and concern that those efforts be deepened.
    Chairman Cardin: I just implore us to be there to preserve 
the evidence. That is something we can do directly. We do not 
need the international organizations to be activated to do 
that. We had the wherewithal through our experts and resources 
to be able to help in that regard. Secondly, I think we need to 
energize the international organization--recognizing there will 
be opposition from Russia--to make it clear that their 
expertise needs to be able to document what is happening so 
that we do not lose the fresh evidence that is necessary for an 
easier prosecution. It is not going to be difficult here, we 
have so much evidence. We need to make sure that is preserved.
    One last question, I think I will ask the panel. That is, 
one of our strategies is that Russia should not be 
participating in many international organizations. They have no 
legitimacy. We took steps this past week to deny Russia shared 
information, that we were sharing on Treasury. That has been 
cut off by the United States. There are some international 
organizations that have taken action already. Are there 
additional steps that we should be taking? I am thinking about 
Interpol and that issue. Are we satisfactory--are we satisfied 
that Russia cannot utilize these international organizations 
under the current circumstances? Have those steps been taken, 
or do we need additional steps to be taken in that direction?
    Yes.
    Ms. Kaleniuk: Thank you, Senator. There is such an 
organization, the Financial Action Task Force. It is the 
intergovernmental organization that is actually setting up the 
standards for anti-money laundering. Russia is apparently a 
member. I believe that Russia has to be kicked off this 
organization and Russia has to be blacklisted by FATF, and 
blacklisting by FATF means that actually Russia will be cut 
from financial markets, and it will be very significant, harsh 
sanctions against the entire Russian economy. I would strongly 
advise to do that. Thank you.
    Chairman Cardin: Mr. Browder.
    Mr. Browder: That is an excellent suggestion, and it is 
sort of similar to SWIFT, which if they are blacklisted then 
nobody can do business with them. I just want to bring back the 
Interpol point. I know that the U.K., the United States, 
Canada, and various other countries, are--have tried to kick 
Russia out of Interpol. That is just an absolute necessity. You 
cannot have a country that is going and murdering people 
chasing their enemies abroad. There is one further step the 
United States, Great Britain, and the EU can take in that 
regard, which is that we fund Interpol.
    Interpol is sort of like the United Nations, where at the 
beginning of this whole conflict a Russian person was allowing 
a Ukrainian to speak about this. It is the same type of thing, 
where Russia is a member of Interpol and there are lots of 
other terrible non-democratic countries that are also members 
of Interpol. The people who pay for Interpol have a--have a big 
sway in this whole thing. I think that it would be perfectly 
appropriate to call on the U.S. government and our allies to 
basically threaten the funding of Interpol if Russia is not 
expelled.
    Chairman Cardin: Thank you.
    Senator Shaheen.
    Senator Shaheen: Thank you, Mr. Chairman. I do have another 
question that I would like to ask of Ms. Veduta. Because it is 
been really interesting to me to watch the news reports coming 
out of Russia, and the ability of Vladimir Putin to totally 
control the messaging that goes to the Russian people. At least 
in terms of the reports that we are getting, to see the 
increase in their support for Putin and support for the war in 
Ukraine. I wondered if you could talk about how that affects 
your ability to deal with Mr. Navalny and the ability, through 
the work that you all have been doing with him, with the 
Russian people.
    Ms. Veduta: Russia is a big, magnificent country. 
Fortunately, it does not consist only of people who support 
Putin. I would actually warn you to be very cautious about 
those reports you get about the, you know, enormous support of 
Russian people for the war, because you should understand that 
when just saying the word "war" can cost you 15 years in 
prison, you are not likely to tell the truth to the responders, 
even if they are asking--to the pollsters--I am sorryif they 
are asking you. I mean, can you imagine, like in a basically--
yes, basically fascist state, when someone from the--affiliated 
with the government would, you know, call you and ask: Do you 
support President Putin? You are not to say no, of course not. 
You are not to say, and so, I mean, I would be very cautious 
about that.
    We still see a huge number of support, as I said. We do 
have those YouTube channels where we try to broadcast the truth 
show the atrocities and show the real nature of what is going 
on in Ukraine. You know, your viewership--well, the Russian 
number of it, is constantly growing. People are seeking the 
future, and as I said, the whole independent media has been 
just basically canceled. People turn elsewhere for the truth. 
They are still in very huge need of that truth because, yes, 
these are the lies--the poisonous lies they can only get from 
propaganda.
    This propaganda is specifically aimed at people isolated, 
people who are not supporting the war, who are not supporting 
these atrocities, specifically making them feel isolated. Like 
they are the only people, and the rest of the world just, you 
know, approves. That is not true. Yes, some people approve, and 
from the bottom of my heart, I am so sorry that it came to 
that. This is not the most of the population of Russia. Please 
do not think that this is like that now. There is Alexei 
Navalny. There are a lot of people who support Alexei Navalny. 
Now we will not stop our work for the sake of these people and 
the sake of Alexei Navalny. nThank you.
    Senator Shaheen: Thank you. Well, I hope you will share 
with Mr. Navalny how much support he has in the United States 
and here in Congress.
    Let me ask another question for you or others. One of the 
things that the Belarussian opposition activists have been very 
successful at is getting information through social media, 
YouTube, and other channels about what is going on in the 
country. Do you see that kind of effort in Russia as well?
    Ms. Veduta: Well, there are a lot of--as I said, like, 
because the independent media has been suspended, has been 
canceled, there are a lot of journalists who basically went 
abroad. Well, and then, you know, fellow European countries, 
they were kind enough, you know, to host, for example, my 
colleagues from the Anti-Corruption Foundation, because we are 
based in Lithuania now. I mean, the main office. A lot of 
journalists have been exiled in Russia, and they are trying to 
do the same that we are doing with our YouTube channel. They 
are trying to rebuild what has been taken from them, like, for 
example, TV Rain and other journalists who launched their own, 
you know, solo projects for the very same reason, actually: 
Just to, you know, to fill this void. Because there is a void.
    Because--and to your previous question, I mean, if there 
was such a huge support for the war, why go to these, you know, 
extreme measures? Why just, you know, kill off free media? Why 
impose those laws that will, you know, send you to prison for 
15 years just for one word, for the word "war"? I mean, like, 
this does not signal support, to me. This signals despair, to 
me. Yes, a lot of--a lot of effort is trying to be, you know, 
done now. Of course, with all the obstacles, and with all the 
pressure it is more difficult than it ever was. It does not 
mean that we are going to stop.
    Senator Shaheen: Thank you. Thank you, Mr. Chairman.
    Chairman Cardin: We have been asked by members of the 
Commission that there be questions for the record. If you do 
not--if you all would cooperate I am going to give you until 
April 15 for questions for the record. If you could respond for 
the record, we would appreciate that very much.
    Senator Whitehouse: Mr. Chairman, my question for the 
record would be to simply ask for your reaction to my comments 
regarding the effective operationalization of our sanctions 
regime. What would you like to see the capability of the United 
States government be as regards quickly being able to spot an 
asset, act on that asset, seize the asset, and litigate later? 
We have got plenty of time to litigate over who owns it. I 
would love to see a situation in which the oligarch shows up to 
say, that is actually not my yacht. [Laughter.] In which case, 
the obvious question is, then why are you here? The equally 
good--the equally good question is the person who comes and 
says: That actually is my yacht, not the oligarch's. Then you 
have a chance in a court with evidence to actually ask 
questions to prove the ownership and where the money came from. 
I think at the end of the day, what we will find is that nobody 
will really contest the seizures because we are right. If we 
are not operating fast, at a real-time tempo, then we are going 
to miss a lot of opportunities. We have to have that 
capability. We got to treat this as serious, rapid-fire, high-
tempo stuff. What do we need to get there? That can be a 
question for the record, so you all have a chance to reflect on 
it and write recommendations by--what was the date, Chairman?
    Chairman Cardin: A week from Monday. I would say April 15.
    Senator Whitehouse: Thank you very much, Chairman.
    Chairman Cardin: It is a date that you all should remember. 
April 18 is tax day this year because of the district. 
Congressman Cohen?
    Representative Cohen: Thank you. Just if you all do not 
know Senator Whitehouse, he represents Newport, Rhode Island. 
He knows a lot about yachts.
    Chairman Cardin: With sincere thanks, I thank all of our 
panelists not just for your participation in this hearing, but 
for what you do every day to advance freedom and your own 
personal commitment to doing the right thing. You inspire all 
of us. We are all inspired by the people of Ukraine their 
courageous defense of their country and their inspirational 
leader. You all also provide us a great energy to pursue 
justice here in the United States. Thank you all for your 
testimony.
    With that, the Commission will stand adjourned.
    [Whereupon, at 4:03 p.m., the hearing ended.]     
          

                                 [all]
                                     

[GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT]


         The United States Helsinki Commission, an independent
       federal agency, by law monitors and encourages progress in
            implementing provisions of the Helsinki Accords.

          The Commission, Created in 1976, is composed of nine
     Senators, nine Representatives and one official each from the
               Department of State, Defense and Commerce.

         All Commission publications may be freely reproduced,
          in any form, with appropriate credit. The Commission
   encourages the widest possible dissemination of its publications.

                              WWW.CSCE.GOV

                     youtube.com/HelsinkiCommission

                    facebook.com/helsinkicommission

                  flickr.com/photos/helsinkicommission

                       twitter.com/@HelsinkiComm