Posts Tagged ‘tai adelaja’
Lawlessness Unlimited
Despite the Kremlin’s ongoing efforts to combat legal nihilism, there is little or no evidence on the ground of a change in support for the rule of law in Russia, a new study has found. Russia fared the worst of its BRIC peers (Brazil, India And China) when it came to upholding the principle of separation of powers and the observance of fundamental human rights, according to the Rule of Law Index report released on Monday.
“The country shows serious deficiencies in checks and balances among the different branches of government (ranking 55th), leading to an institutional environment characterized by corruption, impunity, and political interference,” said the report, which was prepared by the World Justice Project and funded by a grant from the Bill and Melinda Gates Foundation. “Violations against some fundamental rights, such as freedom of opinion, freedom of association, and arbitrary interference of privacy are areas of concern.”
Read More →
Facebook
Twitter
Google Buzz
LinkedIn
del.icio.us
Google Bookmarks
Yahoo! Buzz
Tumblr
StumbleUpon
FriendFeed
NewsVine
Digg
Impudence and Impunity
Russia Profile.org
As Russia prepares for this year’s Economic Forum in St. Petersburg, the long-running saga of the Hermitage Capital Management will loom large in the minds of potential investors and could cast a shadow of uncertainty over Russia’s shaky investment climate. Last week, one of the individuals accused by the British hedge-fund firm of involvement in a $230 million tax scam, finally broke what looked like a sacred vow of silence.
In an interview with the Vedomosti business daily published on Friday, Vladlen Stepanov, the husband of a Russian tax official who allegedly embezzled millions through the tax rebate scam, denied any connection between his wealth and the fraud. He announced that he had filed a lawsuit to protect his honor, dignity and business reputation against the Echo of Moscow radio station, which aired the allegations, and against Jamison Firestone, a managing partner at Firestone Duncan who voiced them.
Read More →
- Facebook
- Twitter
- Google Buzz
- LinkedIn
- del.icio.us
- Google Bookmarks
- Yahoo! Buzz
- Tumblr
- StumbleUpon
- FriendFeed
- NewsVine
- Digg
President Dmitry Medvedev Craves a New Economic Order Both at Home and Abroad
While an international legal forum is hardly the perfect setting for delving deep into the intricacies of economic governance, in Russia’s highly convoluted regulatory environment the exception is quite often the rule. As in many international discussion forums hosted by Russia lately, economic issues loom large at the St. Petersburg International Legal Forum that kicked off on Friday. “We now need to start discussing new advanced standards in banking, finances and accounting, and common corporate governance standards,” Russia’s President Dmitry Medvedev told participants in a keynote address on Friday.
The three-day legal forum, organized to discuss the role of law in the innovative and safe development of global peace, was attended by nearly 500 legal experts and politicians that included Thorbjorn Jagland, the secretary general of the Council of Europe, Cecilia Malstrom, EU Home Affairs commissioner and Hans van Loon, secretary general of the Hague Conference on Private International Law. Akira Kawamura, the president of the International Bar Association and former German Chancellor Gerhard Schröder also attended the forum, which was organized at the behest of the Russian president.
Read More →
- Facebook
- Twitter
- Google Buzz
- LinkedIn
- del.icio.us
- Google Bookmarks
- Yahoo! Buzz
- Tumblr
- StumbleUpon
- FriendFeed
- NewsVine
- Digg
