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Arrest Warrant Issued For Magnitsky Colleague

Sergei Magnitsky

Sergei Magnitsky

A Moscow court has ordered the arrest in absentia of a Russian executive at a top Western investment fund, now living in London.

The Tverskoy district court approved a request from a police investigator for an arrest warrant for Ivan Cherkasov, a partner in the Hermitage Capital investment fund.

Russian investigators said they believe that Cherkasov failed to pay taxes on some $73.3 million in company profits in 2006.

Cherkasov's colleague, Sergei Magnitsky, was being investigated in the same tax evasion case and spent a year in Moscow's Butyrka prison before dying in November 2009 from untreated illnesses at the age of 37.

Investigators launched a criminal probe into negligence and failure to offer medical treatment. The probe is ongoing and no one has yet been charged.

compiled from agency reports