7 May 2013, 15:39

President Putin signs law banning foreign bank accounts for ministers

Владимир Путин интервью Путин телевидение Путин разговор Путин ответы на вопросы россиян
Russia's President Vladimir Putin
Russia's President Vladimir Putin

Russia’s President Vladimir Putin has signed a law banning ministers from having accounts and assets in overseas banks.

A white paper released Tuesday prohibits the head of the Russian government and its ministers to own or use the so-called “financial instruments,” such as securities, and their derivatives, including futures, swaps, forward rate agreements and exotic options.

The ban also includes spouses and underage children of ministers.

Voice of Russia, RIA

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