Voice of America: Russian Officials Have 3 Months to Ditch Foreign Bank Accounts

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

Russian Officials Have 3 Months to Ditch Foreign Bank Accounts Apr 2nd 2013, 22:15 Russian officials have until July 1 to get rid of financial assets abroad as part of President Vladimir Putin's campaign to stem corruption and capital flight, his chief of staff said on Tuesday. Sergei Ivanov, held a rare Kremlin news conference to announce measures related to a drive to "de-offshore" the Russian economy - a term used by Putin in the first state of the nation speech of his new term last year. Russia ranked 133rd out of 174 states in Transparency ... Media files: 38EE8BA5-9F26-4C9B-A0D4-2DC96FC0C254_cx0_cy4_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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