MOSCOW, September 20 (RAPSI) – Russian President Vladimir Putin has submitted a bill to the State Duma on punishment of up to 10 years in prison for abuse of power in the fulfillment of state defense procurement.

The document has been published on the database of the parliament’s lower house.

According to the bill, officials and chiefs of companies would face fines of up to 3 million rubles (about $52,000) or imprisonment of up to 8 years with deprivation of right to hold certain posts for up to 10 years.

The draft law also stipulates penalty of up to 10 years in prison with disqualification of defendants from holding certain positions for up to 5 years, if the crime is committed by an organized group.