Putin signed a law on the confiscation of property

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MOSCOW, July 12 — RIA Novosti. Russian President Vladimir Putin made a law establishing the confiscation of not only money to the value of illegally acquired assets, and any other personal property of the convicted person, to which this measure, a document posted on Thursday, the bank regulatory and administrative acts.

The document was submitted to the State Duma on March 7, Dmitry Medvedev, who then served as president of the Russian Federation. Earlier version of Article 104.2 of the Criminal Code (CC) of the Russian Federation stipulates that confiscation subject property acquired as a result of a crime or being an instrument of crime. If the property is not present, then collected a sum of money equivalent to this property.

According to the adopted law, if convicted, the debtor has no money, forfeiture will be imposed on other property that belongs to the right of ownership to the person to whom the measure applies impact.

The exception will continue to be the property included in the list of property not subject to forfeiture. Such a list is established by Article 446 of the Civil Procedure Code.

Source: RIA Novosti

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