The Venice Commission will re-examine the “de-oligarchisation” law

Ukrainian parliamentary speaker Dmytro Razumkov has said that the law on oligarchs will be resubmitted for consideration by the Venice Commission after Ukrainian President Volodymyr Zelensky signs it

The Venice Commission will re-examine the "de-oligarchisation" law

Earlier it was reported that the head of the Servants of the People faction, David Arahamiya, had requested signature sheets to collect votes for Razumkov’s dismissal from the post of speaker of the Verkhovna Rada. According to Razumkov, the initiation of the procedure for his dismissal may be linked to the decision to send the text of the “deoligarchization” draft law to the Venice Commission for consideration.

“Someone links this to the fact that I sent the deoligarchization law to the Venice Commission […] As soon as this law is signed, it will go to the Venice Commission already in its second reading. Although this will be a precedent, as before all the bills sent to the Venice Commission were in the first reading version. Colleagues just do not want to talk about it,” Razumkov said in an interview with Ukrayinska Pravda.

According to him, he was approached by representatives of the Ukrainian opposition and the human rights ombudsman. Razumkov said that Zelensky, in general, supports the initiative of the Venice Commission to draft a law on oligarchs.
A reminder that in Ukraine the Verkhovna Rada adopted in the second reading the scandalous law on “deoligarchization. According to the document, an oligarch should be an individual whose verified value of assets exceeds one million of living wages: they are not allowed to make contributions to political parties, buy large privatization objects, own mass media outlets

According to experts, Zelensky may use the law on oligarchs to receive kickbacks. In addition, the chairman of the Opposition Platform – For Life party, Viktor Medvedchuk, might become the law’s first “victim”.

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