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Russia’s Duma to consider extension of anticorruption measures

December 09, 2014, 7:22 UTC+3 MOSCOW
Simultaneously, the proposed amendments to legislation expand the list of official positions, the holders of which will not be allowed to have bank deposits outside of Russia
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MOSCOW, December 9. /TASS/. Russia’s State Duma, the lower house of parliament is expected to have the second reading of a presidential bill under the provisions of which the individuals aspiring to any state offices will be expected to submit income reports.

Simultaneously, the proposed amendments to legislation expand the list of official positions, the holders of which will not be allowed to have bank deposits outside of Russia.

Deputy Irina Yarovaya, the chairperson of the Duma committee for security and counteraction to corruption told TASS earlier that the new bill expands the demand for presenting income declarations to the aspirants for any state offices, while the law in effect at present demands that the declarations should be presented by the candidates to separate offices.

In addition to it, the document suggests that all the state employees, officials of the Central Bank of Russia and executives of state corporations who take part in the drafting of decisions related to this country’s sovereignty and national security should be prohibited to have bank accounts abroad or to keep any financial assets outside of Russia.

The scope of officials embraced by this prohibition now includes the officials who are appointed or relieved of duties by the President or the Prosecutor General of Russia.

While at present the officials are obliged to report on their financial transactions if the latter exceed their families’ triennial consolidated revenues, the new bill presupposes reporting on all the transactions and/or acquisitions, the aggregate size of which exceeds the aforesaid parameter.

A number of considerable changes in the provisions have been put up for the second reading. For instance, the deputies and senators, public employees and municipal employees will face a tougher ban on involvement in corporate management, Frants Klintsevich, a deputy chairman of the United Russia party caucus in the Duma said.

“The bill says they won’t be able to take part in running economic entities,” he said.

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