12 Mar 2013 14:12

Antimonopoly service: strategic asset buyers must disclose beneficiaries

MOSCOW. March 12 (Interfax) - Companies that buy strategic state assets should be required by law to disclose their beneficiaries, Federal Anti-Monopoly Service (FAS) chief Igor Artemyev said.

"Of course, passage of some kind of law that would say that in the event of a privatization of some major strategic property, the people buying it should be identified by name - Petrov, Ivanov, Sidorov - is something it seems to me is long overdue," Artemyev told journalists on Tuesday.

This topic will be discussed at a meeting with Rosimushchestvo head Olga Dergunova in the middle of March, Artemyev said.

It is not enough to obligate a company to disclose information, he said.

"This might be a commercial secret, and the government should come out with an announcement that it knows - to put citizens at ease - who this is and has verified that these are not bandits or money-laundering specialists," he said.