Sunday, April 24, 2011

RUSSIA - Politics and business: the end of cumulation

President Dmitry Medvedev has asked all ministers and presidential administration officials to leave their seats on boards of directors of large public sector companies before October 1, 2011, reported the daily Nezavisimaya Gazeta. The initiative is part of the ten measures to promote investment and end the excessive influence of the state over the economy.

It relates directly to several top officials, including the Deputy Prime Minister Igor Sechin, Finance Minister Alexei Kudrin, Minister of Defence Anatoly Serdyukov and Energy Minister Sergei Shmatko.

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