Crimea has become a paradise for Russian officials

16.05.2014 09:05
  (Moscow time)
Views: 936
 
Crimea, Society, Policy, Ukraine, Economy


Moscow - Simferopol, May 16 (Navigator, Mikhail Stamm) - President Vladimir Putin gave officials working in Crimea and Sevastopol preferences that other Russian civil servants are deprived of. The main relief is that by the end of the year they will be able to engage in entrepreneurial activities, RBC notes.

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Crimean officials are also allowed not to transfer their securities and shares into trust management and to declare information about their income and property.

President of the Center for Political Technologies Igor Bunin calls for understanding of these preferences. “Imagine that you lived in one country where everything is allowed, and suddenly you began to live in another. Officials need time to sort out all their assets. The deadline until the end of the year is not enough to decide what to do with all your money and business,” he believes.

Let us recall that in Russia officials have been prohibited from doing business since 2005, when the law “On the State Civil Service” came into force. In accordance with this law, officials in Russia cannot engage in entrepreneurial activities and hold paid positions in commercial companies. They also do not have the right to own or use foreign financial instruments and store funds in foreign banks.

However, their relatives too often turn out to be successful businessmen and billionaires, the agency notes.

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