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State Should Not Ban Officials From Owning Foreign Real Estate, Yarovaya Says

Ownership of real estate overseas should not be regulated by the government, Irina Yarovaya, head of the State Duma's Security and Anti-Corruption Committee and member of ruling party United Russia, said Monday.

Last year the State Duma considered a ban on government officials owning foreign real estate. Legislation was then watered down to a requirement for officials to give a strict account of their holdings abroad.

"We should be talking not about changing existing legislation, but about government employees thinking through and taking their own personal decisions," Yarovaya said, Interfax reported.

Yevgeny Fyodorov, another United Russia deputy, previously called on the Security and Anti-Corruption Committee to hasten discussion of legislation prohibiting officials from owning foreign real estate.

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