When Magnitsky alerted the government, he was arrested and,after refusing to testify against Hermitage and drop his allegations, he died in prison in 2009.
In March 2013, HSBC,a bank that serves as the trustee and manager of Hermitage Capital Management, announced that it would end the fund's operations in Russia.
Raiffeisen has launched an internal probe,yet also points out that Hermitage has filed similar allegations before and that they were dismissed by Austrian authorities.
Swiss Federal Prosecutors' Officespokeswoman Jeannette Balmer said Thursday that the Hermitage Capital investigation was ongoing but that some bank accounts had already been frozen.
At the time, the 44-year-old dad-of-two wasallegedly helping specialist investment firm Hermitage Capital Management uncover a $230 million(£150 million) Russian money-laundering operation.
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