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. Last Updated: 07/27/2016

President Set to Control Audit Chamber

Itar-TassPrime Minister Mikhail Fradkov examining the prospective site of a bridge over the Lena River in the republic of Sakha on Wednesday. Fradkov also held meetings on the development of transport infrastructure in the region.
The primary function of the Audit Chamber is to oversee the handling of federal assets, and the federal budget above all. The 12 auditors who make up the chamber investigate mismanagement and give their reports to law enforcement and regulatory bodies, such as the Prosecutor General's Office or the Central Bank, but the chamber's findings have no legal force and serve mainly as recommendations.

Under current law, the Duma nominates and votes into power the head of the chamber and six of its auditors, while the Federation Council selects the other six auditors and the chamber's deputy head. All members of the chamber serve for six-year terms.

Audit Chamber head Sergei Stepashin was solely responsible for drafting the new proposal, said a spokeswoman for the chamber who declined to be identified.

"None of the auditors were consulted about this," she said.

If the bill becomes law, the president would also have the right to re-nominate a candidate if the Duma or the Federation Council rejected his choice.

"This process will allow for a higher level of professionalism in the Audit Chamber," said Alexander Kosopkin, the representative of President Vladimir Putin in the Duma, Ekho Moskvy radio reported.

The proposal passed with 322 votes, well above the minimum approval of 226 votes.