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Venice Commission starts consideration of de-oligarchization bill

Source : 112 Ukraine

Ukrainian parliament approved this bill as the basis on July 1
10:35, 16 September 2021

Kyiv Post

The Venice Commission has started to consider bill #5599 on the de-oligarchization as the commission stated.

“By letter dated 10 September 2021 the Speaker of the Verkhovna Rada of Ukraine Mr Dmytro Razumkov requested an opinion of the Venice Commission on the draft law “On the prevention of threats to national security, associated with excessive influence of persons having significant economic or political weight in social life (oligarchs),” the message says.

Related: Venice Commission recommends Ukraine's Constitutional Court to restore responsibility for doubtful declaring

Earlier, Verkhovna Rada of Ukraine Commissioner for Human Rights Lyudmyla Denisova suggested to the Chairman of the Parliament Dmytro Razumkov to send bill No. 5599 on the prevention of threats to national security associated with the excessive influence of persons with significant economic or political weight in public life (oligarchs) to the Venice Commission

As it was reported earlier, on July 1, the Verkhovna Rada supported the bill on de-oligarchization in the first reading. According to the document, the decision to declare a person as an oligarch is made by the NSDC on the basis of a submission from the Cabinet of Ministers, a member of the NSDC, the National Bank of Ukraine, the Security Service of Ukraine or the Antimonopoly Committee.

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