State Duma Backs Putins Foreign Assets Bill

Vladimir Putin that would prevent government officials from holding money in overseas banks or owning foreign-issued bonds and shares. The bill, which supporters say will restrict corruption and foreign influence in Russia, would oblige officials to close their foreign accounts and sell any overseas assets within three months of the legislation coming into force. Speaking before the Duma, Irina Yarovaya, head of the State Duma’s Security and Anti-Corruption Committee and a senior figure in United Russia, stressed that the latest bill bore Putin’s signature and that public opinion was behind …

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