Shokhin Seeks Fewer Jail Terms for Russian Entrepreneurs, Replacing Them With Economic Sanctions
Updated
Updated · Bloomberg · Jun 3
Shokhin Seeks Fewer Jail Terms for Russian Entrepreneurs, Replacing Them With Economic Sanctions
1 articles · Updated · Bloomberg · Jun 3
Summary
Alexander Shokhin, tapped by Vladimir Putin as Russia’s next business ombudsman, said prison and pre-trial detention are still used too often in economic-crime cases.
Shokhin told RBC his priority is to help replace jail time for entrepreneurs with economic sanctions wherever possible.
He framed the push as a response to years of legal reforms that have not stopped businessmen from ending up behind bars while cases are investigated.
The proposal signals the agenda Shokhin would bring to the ombudsman role, which is meant to represent business interests in disputes with the state.