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Russian Politicians Ready to Resign over Foreign Assets Ban
28.03.2013 09:06
Russian Politicians Ready to Resign over Foreign Assets Ban

On Wednesday, Valentina Matvienko, the speaker of the Federation Council, said several MPs are ready to resign if a bill banning officials and members of parliament from holding accounts in foreign banks is passed.

      "I want to stress that it is not a purge of the Parliament, but a normal working procedure. All senators will be given three months to decide what is more important for them - their work in the upper chamber of the Russian parliament or their business and foreign accounts", Matvienko told the press.

      The bill was passed in the first reading by the lower house of the Russian parliament, the State Duma, on February 22. To become law it must pass two more readings, be approved by the Federation Council and signed by the president.

      “Some Federation Council members have already resigned, while several others are considering this possibility,” Matvienko said.

      Earlier in the day, the chamber dismissed members Vitaly Malkin, Boris Shpigel and Svetlana Zhurova.

Author: Julia Alieva

Tags: Russian politics Russian politicians Russian legislation Russian Parliament  

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