Thursday, December 1, 2022

Book Review: Freezing Order: A True Story of Money Laundering, Murder, and Surviving Vladimir Putin’s Wrath (2022). Bill Browder.

In 2015, Bill Browder, a young businessman and major Western investor in Russia during the early post-Soviet era, published a bestselling autobiography called Red Notice (previously reviewed here). It described how his harrowing experiences in Russia at the hands of the Putin authoritarian and kleptocratic government had led him to become the chief advocate for the passage of The Magnitsky Act by Congress.

The Magnitsky Act was named for one of Browder’s Russian lawyers and friends who had been murdered in jail by the Putin government after being falsely accused of various financial crimes committed by members of Putin’s own circle. The act gives the U.S. government the legal authority to freeze and confiscate the funds of human rights abusers, and has been used extensively against Russian oligarchs, members of the Putin government, and other autocrats of the post-Soviet world, most recently in connection with the illegal Russian war in Ukraine.

Browder’s new book Freezing Order is the excellent and heart-pounding true life sequel to the story he began in Red Notice seven years ago. Red Notice ended with him having successfully worked with Congressional leaders from both parties to enact the Magnitsky Act, which immediately put him at the top of Vladimir Putin’s enemies list. Freezing Order picks up the story with Browder’s next efforts to convince the leaders of other governments around the world to pass their own versions of the Magnitsky Act in their countries.

Since February, when Russian forces invaded Ukraine, we have had an ongoing public demonstration of the types of terrorism and cold-blooded brutality that Vladimir Putin is willing and able to unleash against his enemies. But Browder has experienced it repeatedly in his own personal life, as close friends and associates were poisoned, imprisoned and murdered, and as he increasingly has had to dodge and counter personal attacks on himself, including disinformation campaigns, lawsuits, death threats, in absentia convictions in Russia for crimes falsely attributed to him, and Russian attempts to use Interpol and other dark operations to capture him and extradite him back to Russia.

In one of the most chilling personal accounts of the dangers posed by the presidency of Donald Trump, he recounts his fears of being arrested and shipped off to Russia by Trump when Putin proposed that very idea at the notorious 2017 Helsinki conference, as a “fair” response to the American indictment of twelve Russian agents by Robert Mueller. Browder also provides detailed accounts of his own relationship to and knowledge of numerous of the Russian bad actors eventually identified in the context of the strange Trump/Putin relationship and the Mueller investigation.

One of the most important points Browder makes is that Vladimir Putin loves money. In furtherance of those desires, Putin and his cronies for years have run sophisticated worldwide criminal operations to steal from their own people, confiscate the assets and proceeds of Russian companies under fraudulent pretexts, and then export and hide the vast amounts – Browder suggests over $1 trillion – via complex, sophisticated money laundering operations.

But as victims, journalists and western government investigators have increasingly exposed, and by use of Magnitsky Acts in many countries confiscated the fruits of this theft, Putin has felt increasingly threatened and frustrated by the outside world. Browder suggests that the growing effect of these confiscatory efforts against oligarchs and human rights abusers has played a large part in driving Putin to his desperate war on Ukraine, and helps explain many of the other signs he has displayed of his hatred for and fear of the West.

It would be challenging to write a spy thriller with more devious plot twists and turns, unexpected dangers, and covert murder and mayhem. But this is an inspiring real-life story, with a crusading human rights advocate fighting for truth and justice against a criminal tyrant, while trying to survive a relentless covert campaign to stop him at every turn. It’s gripping, informative and very relevant to the current historical and geopolitical situation. Highly recommended.

No comments:

Post a Comment

Book Review: The Mysterious Case of Rudolf Diesel. Genius, Power and Deception on the Eve of World War I (2023). Douglas Brunt.

During the past year, I've read a number of excellent books that seemed to resonate as part of the backstory to some of the most urgent ...