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Making another advance last week in the fight against corruption, Russian President Dmitry Medvedev signed five laws to establish a system by which government officials and heads of state corporations will be required to report their incomes and assets every year
Medvedev signs income disclosure law

Medvedev has encouraged government officials to follow his example. This spring, in an unprecedented move, he made public his assets and income for 2008. Next to do so was Prime Minister Vladimir Putin, followed by the entire leadership, including all cabinet members, senior officials in the presidential administration and legislative heads.
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Now the list of people whose incomes must be made public has expanded to include all members of the government, deputies, senators, Central Election Commission and Audit Chamber officials as well as governors. Governors have until September 1 to decide which municipal employees should be added to the list. In addition to their own employees, top managers of state corporations Rostekhnologii, Rosnanotekh, Vneshkombank, the Deposit Insurance Agency and the Housing and Communal Services Fund will also be required to report their incomes.

The President also determined exact information officials will be required to provide. This includes: total annual income (from oneґs principal work and other sources), real estate (its size, the country in which it is located) and means of transport. All of this will be made public on state-run websites.

Officials will provide more detailed declarations to the Tax Service, including bank accounts and exact addresses of real estate. This information will not go public.

According to Sergei Naryshkin, head of the presidential administration, "random checks will be conducted but will not determine the correlation between income and declared assets." That is the responsibility of law enforcement organs. Anyone in line for a government post who does not provide a declaration or provides false information will automatically forfeit that post. If sitting officials violate declaration requirements, disciplinary action (anything from a fine to firing) will be taken by the head of the relevant body.

Comments:

cj:
what excellent and far seeing legislation. We need the same in uk and European Community. However without confidence in the power of an independent group - maybe an arm of the state AND such as a free press it would be useless. The truth would not be revealed as after some time the political class ALWAYS become corrupt. You need someone to ALWAYS check and a means to make the results public without censorship.Its a simple formula.
08-29-2009


rahul jauhari:
I think it's a very good step taken in the interest of the country and for an overall development.....
06-11-2009


elijah traven:
this is a good law we need uk politicians to pass the same law let our leaders face the law the same as everyone else they are there to serve the people not rob them
06-06-2009




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