We are not talking about any deprivatization – Kommersant

Russian President Vladimir Putin said that on the issue of returning large enterprises to state ownership, there is no talk of deprivatization or nationalization of the economy. He added that the work of prosecutors is justified in cases where assets were acquired in violation of the law or used to harm the country.

“I would like to emphasize that in each such case you must act strictly according to the law… I ask you to strictly suppress attempts to use the powers of the prosecutor’s office and other law enforcement agencies for personal gain, to put pressure on business, to participate in economic conflicts, which are behind unfair competition and schemes for the redistribution of property.” ,” the president said at the board of the Prosecutor General’s Office (quote from “Interfax”).

Vladimir Putin also spoke about the need to reduce the number of business inspections as much as possible. At the same time, as the head of state clarified, it is necessary to ensure the interests of consumers.

February 22 Russian Union of Industrialists and Entrepreneurs sent To Vladimir Putin, proposals for legislative regulation of the review of privatization transactions. The union considers it necessary to introduce compensation to investors for the market value of assets if privatization was carried out with violations.

Read more about the process in the Kommersant article. “The prosecutor’s office stood at the bench”.