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Government compels Russian Railways and Gazprom managers to disclose income

17:19 22/12/2014

MOSCOW, December 22, (RAPSI) - The management of Russian Railways, Rosneft, Gazprom and a number of other companies will have to disclose their revenues on the companies’ websites, Interfax reports on Monday citing a government resolution published on the cabinet of ministers’ website.

Currently, there are some 62 companies on the list, including Russian Highways, Rosatom, Aeroflot, Inter RAO UES, Rostelecom, Sheremetyevo, United Aircraft Corporation, United Shipbuilding Corporation, Rusnano, Rosneftegaz, Rosseti, System Operator, RusHydro, Sovcomflot, Sberbank, VTB, Rosselkhozbank and some others.

Last August, Russian Railways President Vladimir Yakunin said that the public disclosure of his income posed a risk to his family. He added that “in our society, disclosure for the sake of disclosure doesn’t change anything.” “We are not building socialism anymore and supporting egalitarianism,” he said.

“In most countries only officials involved in policy making release their income, and I am not one of these. It is basically inappropriate to ask your neighbor or coworker how much he makes,” the Russian Railways chief said.

“As a manager of a state-run company I file income reports with the tax agency and the government. That’s my responsibility. Publishing my income is too much,” he added.

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Government compels Russian Railways and Gazprom managers to disclose income

17:19 22/12/2014 The management of Russian Railways, Rosneft, Gazprom and a number of other companies will have to disclose their revenues on the companies’ websites.
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