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The state Duma refused to ban officials from having property abroad

09.12.2016
Homesoverseas.ru editorial office
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Profile Committee of the state Duma will reject the bill of the Deputy Valery Rashkin, who proposed to prohibit civil servants to own real estate abroad, reports RBC with reference to sources in the lower house.

The Duma Committee for security and combating corruption will not recommend the adoption of the bill of the Communist Valery Rashkin (CPRF), banning Russian civil servants have a property outside of the country. As told RBC two sources in the Committee, the document prepared Rashkin negative review with a recommendation to reject.

A bill providing for a revision of the law "On combating corruption", included in the agenda of the Committee on Thursday 8 December. The document was submitted by a group of deputies headed Rashkin 16 Oct 2014. In addition to bill Rashkin recommended for refusal similar in fact the document submitted in June last year, the legislative Assembly of the Jewish Autonomous region. It proposes amendments in the law "On combating corruption" with identical wording to ban officials to have "real property abroad".

Communist suggests to forbid to have property abroad are officials, deputies, senators, Deputy attorney General, members of the Board of Directors of the Central Bank, the governors, including their close relatives. Today these categories of civil servants can open accounts and deposits abroad, store cash and values in foreign banks outside of Russia and use foreign financial instruments. In addition, the Communist proposes to expand the circle of those, who are not allowed to have a house abroad: according to Rashkin, the right to own property abroad need to limit spouses and minor children of officials and parliamentarians.

Amendments Rashkin is beyond the scope of the law "On combating corruption", said RBC Deputy head of the Duma Committee on security Anatoly Vyborny ("United Russia"). "This is the first reason why this legislative initiative seems to me extremely doubtful," he said.

According to the Elected, Russian officials are showing "sufficient transparency" in matters of "declaring their income and expenses, as well as movable and immovable property", therefore, "not only in Russia but also abroad, eliminating the need for excessive restrictions." "It's one thing when a person holds money or value overseas and the ultimate beneficiary is not always possible to see, and another thing — the real estate and so is subject to mandatory registration," he added.

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