Putin’s income declaration to be published in mid-April – spokesman

MOSCOW. March 31 (Interfax) – President Vladimir Putin and the other Kremlin officials declared their incomes before April 1, as required, and their income declarations will be published in mid-April, Kremlin spokesman Dmitry Peskov has announced.

“All income declarations for 2012 have been submitted and they will be processed and published within two weeks,” Peskov said.

The Kremlin releases income declarations simultaneously with the government, he said.

Last year, the president, Kremlin officials, prime minister, ministers, the Cabinet office employees and their spouses and underage children’s income declarations were published on April 12.

Meanwhile, the Cabinet members will also have to provide information about their spending for the first time this year in compliance with the legislative amendments to the Law on the Government, which took effect on January 1 2013.

“Everything will be done in accordance with the law,” the prime minister’s spokeswoman Natalya Timakova told Interfax on Saturday.

The income declarations must list deals to buy land sites, properties, means of transportation, securities, and stakes in companies’ charter capital, if the worth of the deal is over and above the government executive’s or the spouse’s overall income for the past three years preceding the date of the deal. Government executives are also obliged to name the origin of the money paid for the deal.

The law applies to deals effective as of January 1 2012.

The Kremlin said, in turn, that officials with the Kremlin administration will have to declare their spending, as well.