Baltic States – CIS, Law and Regulations, Legislation, Lithuania

International Internet Magazine. Baltic States news & analytics Saturday, 16.12.2017, 03:36

Lithuanian president signs Magnitsky Act into law

BC, Vilnius, 27.11.2017.Print version
Lithuania's President Dalia Grybauskaite has signed the so-called Magnitsky Act into law, banning entry to foreigners involved in large-scale corruption, money laundering or human rights violations starting 2018, reports LETA/BNS.

By adopting the law, Lithuania joins the international community's strong "no" to humiliation of human rights, dirty money and undermining justice, Grybauskaite said.


"The rule of law and respect of human rights is an integral part of a legal society. Those who trample upon universally-recognized human rights and liberties must know that they are unwanted in the democratic world," reads a press release from the President's Office.


The legislation is named after Sergei Magnitsky ,a Russian lawyer who was jailed after uncovering a 230-million-US-dollar tax fraud scheme and was killed in prison on Nov. 16 of 2016.


Adopted by the Lithuanian parliament on Nov. 16, the law banns entry to foreigners involved in large-scale corruption, money laundering or human rights violations. Under the law, which will come into effect next year, decisions on banning entry to such foreigners will be made by the interior minister at the foreign minister's proposal.


Last week, the parliament adopted a resolution with a list of 44 persons who could be included in the so-called Magnitsky list.






Search site