Support The Moscow Times!

Foreign Property Could Be Allowed

Government officials will probably not have to shed their foreign residential real estate holdings, although non-residential properties could have more restrictions under a proposed law on foreign assets, a State Duma deputy said.

"If the relationship [to the owner] is sufficiently transparent and declared, then I suppose it will be possible to own residential property," said Vladimir Pligin, head of the State Duma Constitutional Legislation Committee, Interfax reported.

Pligin asked journalists to consider their approach when exposing real estate holdings of government employees. "I call on you, when it is possible, that as soon as you discover something and learn that it is within the bounds of the law, that you provide support and say, 'Yes, he has something, but it's OK.' This will also benefit you," the lawmaker said.

(MT)

Related articles:

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.