×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Kremlin Said to Back Foreign Property Ban for Officials

Vyacheslav Lysakov, a United Russia State Duma deputy, drafted one of two rival bills to clamp down on officials and their families owning property abroad. Sergei Porter

The Kremlin is ready to ban state officials from owning foreign property or keeping money abroad, a move seen by one civil society group as the latest manifestation of "Western phobia" by the government.

A source in the presidential administration told Kommersant that strict controls on foreign assets were seen as necessary.

"It is a question of the loyalty of government officials and an assessment of their patriotism," the source said in an article published Friday.

A bill co-drafted by State Duma Deputy Vyacheslav Lysakov of United Russia would ban foreign assets from being held by officials, their wives and their children under 18 years old. The law would cover people in government service from the municipal to the federal level, Lysakov told Vesti FM earlier this month, such as officials in the security services, the Prosecutor General's Office, the customs service and the Investigative Committee.

His plans would mean this elite group "stands with both feet in Russia," he said.

An exception would be made for getting "a good education" or using medical services. People would be allowed to have foreign bank accounts for these purposes because they are "sacred," Lysakov told the radio station.

According to Kommersant's unnamed source, the Kremlin would support Lysakov's proposals, even though they will not be popular with some United Russia deputies. Many civil servants and Duma deputies own foreign property, including in former Soviet countries.

A rival bill co-authored by Just Russia Deputy Ilya Ponomaryov would require officials to declare foreign property and assets on a special register.

Owning such assets would not be illegal, but an incorrect declaration would be a criminal offense. The preamble of the bill says this would increase the effectiveness of controls on spending by government officials.

The bills were proposed shortly after opposition leader and anti-corruption campaigner Alexei Navalny accused Investigative Committee head Alexander Bastrykin of having secret property in the Czech Republic, a claim that Bastrykin denies.

Navalny called Bastrykin a "foreign agent," playing on the title that a new law will force upon nongovernmental organizations that conduct "political activity" and receive funding from abroad.

Ivan Ninenko, deputy director of Transparency International, said the proposed restrictions on officials owning foreign property are part of the government's "Western phobia."

"This is not about corruption. It is about populism and this political idea that everyone in the West is bad and should have no influence on Russia," he said by telephone.

If the Duma wanted to fight corruption, instead of banning the ownership of foreign property, it should ensure transparent information that allows people to compare officials' income with their savings and other assets, he said.

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more