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.

Putin Creates Commission to Counter Financing of Terrorism

Russian President Vladimir Putin Kremlin

Russian President Vladimir Putin signed a decree Wednesday outlining the launch of an inter-departmental commission that would counter the financing of terrorism, the Kommersant newspaper reported.

The commission is supposed to rule on “freezing funds or other property” of organizations and individuals suspected of being involved in terrorism, the report said. It will also be responsible for coordinating work of other institutions engaged in fighting terrorism.

The presidential decree orders federal governmental bodies and the Investigative Committee to inform the commission of any organizations or individuals that might be involved in terrorist activities. The document also encourages prosecutors' offices, the Central Bank, regional and municipal governments to do the same.

According to the decree, a decision to freeze assets will be considered final only if all members of the commission vote for it. All rulings will be published on the website of Rosfinmonitoring, the state financial watchdog.

An individual whose assets are frozen will be entitled to a monthly allowance, the size of which will be determined by the commission and can be contested in court, Kommersant reported. Those who disagree with the commission's ruling can also contest it in court, the report said.

The decree came out on the heels of officials declaring the downing of a Russian civilian airliner over Egypt's Sinai peninsula on Oct. 31 a terrorist act and a series of deadly attacks in Paris on Nov. 13.

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

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 you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more