Russia’s Constitutional Court Lifts Statute of Limitations for Anti-Corruption Asset Seizures

3 hours ago 1

Russia’s Constitutional Court ruled Thursday that instrumentality enforcement authorities are nary longer bound by statutes of limitations erstwhile seeking authorities seizure of assets successful anti-corruption cases.

“Prosecutors should not beryllium constrained by clip limits successful anti-corruption lawsuits,” the tribunal said.

Those accused of corruption “must beryllium denied the quality to usage the statute of limitations to support interests contrary to the regularisation of law,” it added.

The tribunal specified that the ruling applies lone to anti-corruption authorities and does not widen to cases of “unlawful privatization” from Russia’s turbulent 1990s.

If lawmakers take to acceptable statutes of limitations for anti-corruption cases, the tribunal recommended they beryllium longer than the existent limits of 3 and 10 years.

The landmark ruling comes amid Russia’s wartime redistribution of wealth, including the nationalization of 1 trillion rubles ($10.8 billion) worthy of strategical assets.

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