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Paris Tries Ex‑Banker Dmitry Klyuev in Absentia Over Magnitsky‑Linked Money Laundering

The case advances France's bid to trace suspected laundering of funds from the $230 million fraud exposed before Sergei Magnitsky's 2009 death.

Overview

  • Dmitry Klyuev, tried in absentia Monday in Paris, faces aggravated money‑laundering charges tied to a scheme uncovered by lawyer Sergei Magnitsky.
  • Court filings say Klyuev has been under an arrest warrant since March 2025 and is suspected of spending part of the diverted money in France.
  • The hearing is being led by Peimane Ghaleh Marzban, who serves as president of the Paris judicial tribunal.
  • Bill Browder, the Hermitage Capital founder who hired Magnitsky, is attending the session and says threats have not shaken his push for accountability.
  • Hermitage alleges three fund subsidiaries were stolen to pull off a roughly $230 million tax fraud, which Magnitsky reported before he was jailed and beaten to death in 2009.