MOSCOW – The Russian parliament moved a step closer on Wednesday to adopting a law that would allow for foreign assets inside the country to be seized and for the state to pay compensation for the loss of property due to Western sanctions.The pro-Kremlin deputy who submitted the draft law says the bill would protect the interests of ordinary people. Critics say it would shield Russian billionaires and officials from the impact of sanctions imposed over Russia’s annexation of Ukraine’s Crimea region and its support for rebels in eastern Ukraine.The draft law passed its first reading in the Duma, Russia’s …read more
Source: AsiaOne
