Oct 4 (Reuters) - Russia's government has proposed
ordering state companies that acquire assets and property
through court decisions to pay 50% of the assets' market value
to the federal budget, a note published by the lower house of
parliament showed.
More than 1 trillion roubles' ($10.54 billion) worth of
strategic enterprises and assets, seen as critical for
developing Russia's economy and defence capabilities, were
transferred to state ownership by Russian courts last year,
Prosecutor General Igor Krasnov said in March.
The draft law, if passed, would come into force in 2025, and
the assets would be subject to an independent valuation, the
note published on the State Duma's website said.
After winning approval in the Duma, the law would also need
to be passed by Russia's upper house of parliament and signed by
President Vladimir Putin.
It was not immediately clear whether the government would
extend the law's proposed powers to assets seized from foreign
hands in the wake of Russia's war in Ukraine, which has seen
scores of foreign companies leave the country.
Moscow has placed several foreign assets under "temporary"
state ownership, including Finnish utility Fortum
and Danish brewer Carlsberg.
Those assets currently remain under the control of Russia's
federal property management agency, Rosimushchestvo, but French
yoghurt-maker Danone saw its assets seized and a sale
to a pro-war Russian businessman forced through.
The RBC daily quoted a lawyer as saying that the law would
probably not be applied retrospectively.
($1 = 94.9000 roubles)