Russia looks to compensate its sanctioned elite

Published October 8, 2014 3:50pm ET



MOSCOW (AP) — Russia’s parliament gave preliminary approval Wednesday to a bill that would grant compensation to individuals hit by Western sanctions, a move that the usually compliant opposition criticized as a Kremlin attempt to buy the loyalty of the elite.

The bill, which also allows Moscow to seize the assets in Russia of foreign individuals encouraging the sanctions, proved particularly divisive and passed by a small margin of 233 votes to 202.

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