MOSCOW, April 24 (RIA Novosti) – The lower house of the Russian parliament passed a bill in its third and final reading on Wednesday banning public officials, lawmakers and judges from having foreign bank accounts or holding stocks or bonds abroad.
In mid-February, President Vladimir Putin submitted the bill to the State Duma as part of the Kremlin’s much touted anti-corruption drive.
The bill was amended in its second reading last week to extend the ban to all foreign securities, including traveler’s checks. State and government officials are also banned from holding any valuables – including precious metals – with foreign banks and cannot use foreign financial instruments for trust management.
After Putin signs the bill into law, government officials will have three months to close any foreign accounts and transfer their funds to Russia or quit their government posts.
The bill does, however, allow state officials to own property abroad, on the condition that they declare it and explain the sources of the income used to buy it.
The issue of Russian state officials owning property abroad has come under the spotlight recently, with several of them resigning amid allegations that they owned undeclared real estate overseas.
Russia ranked 133rd of 174 countries in the latest Corruption Perceptions Index by the Transparency International watchdog, alongside Iran, Kazakhstan and Honduras. Corruption has been cited by the government itself as one of the principal threats to Russia's national security.
The fact of registration and authorization of users on Sputnik websites via users’ account or accounts on social networks indicates acceptance of these rules.
Users are obliged abide by national and international laws. Users are obliged to speak respectfully to the other participants in the discussion, readers and individuals referenced in the posts.
The websites’ administration has the right to delete comments made in languages other than the language of the majority of the websites’ content.
In all language versions of the sputniknews.com websites any comments posted can be edited.
A user comment will be deleted if it:
The administration has the right to block a user’s access to the page or delete a user’s account without notice if the user is in violation of these rules or if behavior indicating said violation is detected.
Users can initiate the recovery of their account / unlock access by contacting the moderators at firstname.lastname@example.org
The letter must contain:
If the moderators deem it possible to restore the account / unlock access, it will be done.
In the case of repeated violations of the rules above resulting in a second block of a user’s account, access cannot be restored.
To contact the team of moderators, write to email@example.com