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Evening Standard

Business

Oscar Williams-Grut

BP ‘stupidly’ got into Russia, says anti-corruption campaigner Bill Browder

British Petroleum Russia United States Bill Browder Russian

BP CEO Bernard Looney insists tensions between Ukraine and Russia won’t affect business
(Picture: AFP via Getty Images)

One of the world’s leading anti-Russian corruption campaigners has blasted BP for its investments in the region, saying the British oil giant was “stupid” for going into business there.

Bill Browder, CEO and co-founder of Hermitage Capital Management, said BP’s 20% stake in Rosneft was “at risk” from a possible war between Russian and Ukraine.

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