Idea to replace prosecution for economic crimes with fines needs to be studied - Medvedev

Russian Prime Minister Dmitry Medvedev has agreed to consider the idea of replacing criminal prosecution for economic crimes with high fines.

Russian Prime Minister Dmitry Medvedev has agreed to consider the idea of replacing criminal prosecution for economic crimes with high fines.

"This idea should probably be studied. I once backed the idea of a high fine for officials. We could probably consider introducing it for businessmen, too," Medvedev said at a meeting on the protection of businessmen's rights held at the Sochi investment forum.

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