"The US Treasury on Friday named 18 Russians who are subject to visa bans and asset freezes in the US, including 16 people connected to the case of Mr Magnitsky, who died in jail in 2009 after exposing a $230m (£149m) tax fraud, which pointed the finger at a string of Russian officials. Mr Magnitsky was a former employee of London-based fund manager, William Browder, founder of Hermitage Capital Management, who in 1996 moved from the UK to Russia to invest in newly privatised countries in Eastern Europe only to discover large-scale financial fraud. Russia on Saturday took revenge for the ban against its own citizens, accusing the US of "outright blackmail" and branding a law passed by America at the end of last year - the Magnitsky Act - "absurd"."
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