Vladimir Putin prohibits government officials from maintaining foreign bank accounts.
Posted by The Pete Quiñones Show, Checked
- Sources
- 4 support1 context
- Said
- 1 time·
- Confidence
- 85%
The Pete Quiñones ShowOct 1, 2026
The Kremlin's official record and Moscow Times reporting show Putin signed federal laws in May 2013 barring government officials from holding foreign bank accounts, so the claim holds as of 2026-10-01 based on these sources.
This claim is about the present, so it is judged as of the day it was checked.
What was said
… It really is a joke. One of the other things that you will hear, and I especially heard this last year, when after February 23rd, was that Vladimir Putin is and you've already addressed the fact that he makes it so that people who serve in the government can't keep foreign bank accounts, things like that that Vladimir Putin is a trillionaire, that his daughter, you know, his his children live lavish lifestyles all over the world, he's the richest man in the world, he's the biggest thief in the world. And, you know, where do those come from? …
The Pete Quiñones Show · · from the transcriptPost →What we found
Supports. The Kremlin's official site reports that Putin signed federal laws banning certain categories of individuals from opening and operating accounts in foreign banks.[5]
Supports. The Moscow Times reports that Putin signed a law barring government officials from owning bank accounts and other assets abroad, covering officials' spouses and minor children.[2]
Supports. openDemocracy reports that a law banning government officials, including MPs, from holding foreign bank accounts had been passed and was in force by 2013.[3]
Supports. The Foreign Affairs piece describes the ban on public servants holding foreign bank accounts, though its date metadata appears to reflect a later reprint of a 2013 article.[4]
Context. Reuters (August 2026) reports Putin lifted deposit restrictions on foreign individuals and firms' Russia-based branches, which concerns foreigners' accounts rather than officials' accounts and does not contradict the ban.[1]
Sources
5 sources: 1 fact-checker, 3 not rated, 1 rated low
- 1Putin lifts recent deposit restrictions from foreign nationals, firms' Russia-based branchesreuters.com · fact-checker · cited for: context
- 2Putin Expands Ban on Officials' Owning Foreign Assetsthemoscowtimes.com · not rated · cited for: supports
- 3A villa abroad is fine, but close your bank account - openDemocracyopendemocracy.net · not rated · cited for: supports
- 4Putin's Self-Destructionforeignaffairs.com · not rated · cited for: supports
- 5Laws banning certain categories of individuals from having ...en.kremlin.ru · rated low for factual reporting by Iffy.news · cited for: supports
Where this claim was made
Said in 1 published post
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