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Ukraine Moves to Restore Jail Terms for Officials Hiding Assets

Photographer: Sean Gallup/Getty Images

Ukraine moved to make officials who fail to fully declare their assets subject to prison terms -- a step that could help restart a $5 billion loan from the International Monetary Fund.

Custodial sentences for incomplete and false asset declarations were originally introduced in 2014 as an anti-corruption measure. But the Constitutional Court called the legislation “excessive” and struck it down in October, sparking public outrage and rattling Western donors.