Russia may counter sanctions with foreign real estate ban for officials

“A ruling party MP is suggesting to fast track a bill banning leading Russian politicians owning foreign real estate, claiming such a move would make the country less vulnerable to outside pressure and threats of sanctions.  Yevgeniy Fyodorov of the United Russia parliamentary caucus has asked the Lower House Committee for Security and Countering Corruption to speed up work on an amendment to an earlier bill forbidding top level Russian officials, both elected and appointed, to hold foreign bank accounts and possess shares in foreign companies.  The restriction also extends to these people’s spouses and underage children.”

http://rt.com/politics/officials-foreign-realty-sanctions-781/

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