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Verkhovna Rada renews criminal liability for illicit enrichment

11/01/2019 11:49:51 am
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People's deputies of Ukraine have adopted bill No.1031 on the confiscation of illegal assets of officials as a whole. The corresponding decision was supported by 259 deputies of Ukraine, - UNN reports.

Draft Law No.1031 on amendments to some legislative acts of Ukraine regarding the confiscation of illegal assets of persons authorized to perform the functions of the state or local government, and the punishment for the acquisition of such assets is aimed at restoring criminal liability for illegal enrichment, as well as at introducing the institution of collection of unreasonable assets of persons authorized to perform the functions of the state or local government in the income of the state.

The bill also proposes to supplement the Criminal Code of Ukraine with provisions establishing criminal liability for the acquisition by a person authorized to perform the functions of the state or local government of assets worth more than fifteen thousand tax personal exemptions of citizens exceeding his/her legal income.

Let us recall that the deputies of Ukraine supported the presidential bill on the confiscation of illegal assets of officials and holding them accountable in the first reading. The corresponding decision was supported by 316 deputies, - the report said.