Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Russia's lower house advances bill to confiscate assets of those who 'discredit' the military By: FOXNews.com January 31, 2024 at 06:56 AM EST The lower house of Russia's parliament passed a bill allowing authorities to confiscate assets from those convicted of spreading false information about the country's military. The lower house of Russia's parliament on Wednesday approved a bill that would allow authorities to confiscate money, valuables and other assets from people convicted of spreading "deliberately false information" about the country's military.After its swift passage in the State Duma, the bill is now expected to quickly sail through the upper house of parliament and receive Russian President Vladimir Putin's signature.Duma speaker Vyacheslav Volodin said the measure would strengthen the punishment for the "traitors who sling mud at our country and our troops" and "strip those scoundrels of honorary titles, confiscate their assets, money and other valuables."LATVIAN LAWMAKER INVESTIGATED AS POSSIBLE RUSSIAN SPY BY EU PARLIAMENTThe new law would apply to people who are convicted of publicly inciting "extremist activities," calling for actions that would hurt the security of the state or "discrediting" the armed forces. Discrediting the Russian military became a criminal offense under a law adopted as part of a sweeping government crackdown on dissent after Moscow sent troops into Ukraine in February 2022."Everyone who tries to destroy Russia, who betrays it, must suffer the deserved punishment and pay compensation for the damage inflicted on the country, at the cost of their property," Volodin said before Wednesday's vote.The proposed law does not appear to include real estate among the assets subject to seizure, unlike the draconian Soviet-era legislation that authorized the seizure of housing.RUSSIAN TROOPS COULD DISAPPEAR AS KREMLIN TOUTS 'INVISIBILITY CLOAK'"We don't want to revive the Soviet-style confiscation. We don't need that," Pavel Krasheninnikov, head of the Duma legal affairs committee, told reporters.Russian officials have used the existing law against "discrediting" the military, which covers offenses such as "justifying terrorism" and spreading "fake news" about the armed forces, to silence Putin's critics. Multiple activists, bloggers and ordinary Russians have received long prison terms. Related Stocks: Fancamp Exploration Ltd Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Russia's lower house advances bill to confiscate assets of those who 'discredit' the military By: FOXNews.com January 31, 2024 at 06:56 AM EST The lower house of Russia's parliament passed a bill allowing authorities to confiscate assets from those convicted of spreading false information about the country's military. The lower house of Russia's parliament on Wednesday approved a bill that would allow authorities to confiscate money, valuables and other assets from people convicted of spreading "deliberately false information" about the country's military.After its swift passage in the State Duma, the bill is now expected to quickly sail through the upper house of parliament and receive Russian President Vladimir Putin's signature.Duma speaker Vyacheslav Volodin said the measure would strengthen the punishment for the "traitors who sling mud at our country and our troops" and "strip those scoundrels of honorary titles, confiscate their assets, money and other valuables."LATVIAN LAWMAKER INVESTIGATED AS POSSIBLE RUSSIAN SPY BY EU PARLIAMENTThe new law would apply to people who are convicted of publicly inciting "extremist activities," calling for actions that would hurt the security of the state or "discrediting" the armed forces. Discrediting the Russian military became a criminal offense under a law adopted as part of a sweeping government crackdown on dissent after Moscow sent troops into Ukraine in February 2022."Everyone who tries to destroy Russia, who betrays it, must suffer the deserved punishment and pay compensation for the damage inflicted on the country, at the cost of their property," Volodin said before Wednesday's vote.The proposed law does not appear to include real estate among the assets subject to seizure, unlike the draconian Soviet-era legislation that authorized the seizure of housing.RUSSIAN TROOPS COULD DISAPPEAR AS KREMLIN TOUTS 'INVISIBILITY CLOAK'"We don't want to revive the Soviet-style confiscation. We don't need that," Pavel Krasheninnikov, head of the Duma legal affairs committee, told reporters.Russian officials have used the existing law against "discrediting" the military, which covers offenses such as "justifying terrorism" and spreading "fake news" about the armed forces, to silence Putin's critics. Multiple activists, bloggers and ordinary Russians have received long prison terms. Related Stocks: Fancamp Exploration Ltd