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Friday, October 9, 2015

Corruption

Russian property secrecy criticised amid corruption fears


Luxury homes in Moscow - file picThe Russian government has approved legislation that would conceal property owned by state officials and would hamper anti-corruption investigations, Transparency International (TI) warns.
The move to make the state property registry secret is not yet law - it still has to go before parliament.
TI, an anti-corruption watchdog, said the new measure would "raise the impunity of government officials".
It was proposed by the Federal Security Service (FSB), successor of the KGB.A government committee approved the proposal this week. Most Russian MPs are government supporters, so it looks likely to become law.
"This could make it harder to tackle money-laundering and illicit enrichment," said Andrey Zhvirblis, deputy director of TI's Russian branch.

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