Justice Minister urges Rada to tighten responsibility for raiding

16:45, 21.07.2016 1 min read

Justice Minister of Ukraine Pavlo Petrenko has urged the Verkhovna Rada to pass a law on tightening criminal responsibility for illegal seizure of enterprises.

The minister said now Ukraine has a very liberal procedure for re-registration of business entity heads which could lead to abuse and raiding.

"The government together with the community will insist on adopting the "anti-raider law," which would foresee the abolition of this stupid rule, and the second thing is strengthening criminal responsibility for persons involved in seizure of enterprises," the minister said at a forum on the 100 days of the government in Kyiv.

According to him, now responsibility for raiding is three years in prison. The government proposes equating responsibility for raiding with responsibility for corruption crimes, which provides for confiscation of property.