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Business ombudsman to ask Duma to extend economic amnesty for 6 months

February 18, 2014, 15:55 UTC+3 MOSCOW
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MOSCOW, February 18. /ITAR-TASS/. Presidential commissioner of business rights Boris Titov will ask Tuesday State Duma lower house of Russian parliament to extend the economic amnesty for six months.

“Today we will propose to the State Duma to extend the term of economic amnesty to business people for six months,” Titov told a news conference in Itar-Tass.

“We hope that more than a thousand more people will be amnestied as a result of its extension,” the business ombudsman added.

The so-called economic amnesty was declared on July 2, 2013. The amnesty campaign should have been in effect for six months since the amnesty law entered into force. As many as 2,324 people were amnestied according to the law.

Russian President Vladimir Putin has submitted an economic amnesty bill on June 25. The effect of the law embraces convicts under 27 articles of Russia’s penal code, including ‘economic’ articles for fraud, tax evasion and other offences, if convicts fulfilled their liabilities to return property and (or) indemnify damages.

Meanwhile, all people convicted on these criminal charges for the first time are relieved of suspended or delayed sentences and in case of release on parole they are relieved from unserved part of sentence and from punishments not envisaging imprisonment. Convictions are dropped from people who served their sentences.


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