×
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.

Russian Duma Chair Asks Communist Lawmaker to Tattle on Colleagues Over Foreign Assets

A Communist lawmaker claimed Tuesday that dozens of his fellow legislators are concealing assets overseas in violation of a law passed last year.

Valery Rashkin made the claim during a session of the State Duma on Tuesday, saying that while 40 lawmakers had openly admitted to owning foreign real estate and holding overseas bank accounts, many more had failed to disclose such information, the TASS news agency reported Tuesday.

State Duma speaker Sergei Naryshkin responded by demanding that Rashkin back up his claim by compiling a list of all the lawmakers he believed were breaking the law.

"I will pass this information on to the relevant commission on parliamentary ethics," Naryshkin was cited as saying by TASS. The speaker of the lower house of parliament added that if Rashkin could not name any specific deputies, he would go before the Duma's ethics committee for making baseless accusations.

Rashkin said he was "prepared to make the list of names and give it to the speaker," TASS reported. He did not specify a timeframe.

A law prohibiting State Duma deputies from keeping money in overseas bank accounts or other financial instruments was passed last spring and signed into law by President Vladimir Putin in May. Legislators are also obliged under the new law to declare any foreign real estate.

The move was meant to enhance national security, counter corruption and return money to the Russian budget.

Lawmakers were given a grace period of three months after the adoption of the law to get rid of their foreign financial assets and declare property, with a deadline set for August 2013.

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