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The Verkhovna Rada adopted a law on combating oligarchs

The Verkhovna Rada, during its plenary session on September 23, adopted the presidential bill No. 5599 "On the prevention of threats to national security related to the excessive influence of persons with significant economic or political weight in public life (oligarchs)" in the second reading and in general. The consideration was broadcast by the TV channel Rada.

This decision was voted "for" by 279 out of 379 MPs registered in the session hall.

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Additionally. The MP from the Servant of the People, the head of the Committee on Finance Danylo Hetmantsev previously noted that the opposition was at that time taking all possible measures to prevent consideration of the bill on combating oligarchs. He was referring to the protests near the Rada building and attempts to block the document consideration in the Parliament.

Despite this, Hetmantsev said that the mono-majority has the necessary number of votes and the support of the President to pass the bill.

"The bill will be voted on in the session hall today, no matter what," he stressed.

Context. On June 2, President Volodymyr Zelenskyy submitted a bill on oligarchs to the Verkhovna Rada as an urgent one. Already on June 3, the text of the document appeared on the website of the Verkhovna Rada. According to the text of the document, a register of oligarchs will be created. The decision to include a person in it shall be made by the NSDC. The law is limited to 10 years. It should become the basis of antitrust and anti-lobbyist laws.

On July 1, the Verkhovna Rada adopted the presidential bill No. 5599 in the first reading.

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