Finally, the amendment of the government with tougher penalties for … – More Daily

Tuesday, March 17, 2015 02:18

AFTER THE ATTEMPT TO FIX THE THRESHOLD impunity ‘

Finally the amendment of the government

with tougher penalties for false accounting

At the end of the amendment ‘Godot’ arrived, however, the very day on which a new resounding strand of inquiry on procurement and corruption takes the stage. “Hallelujah” is the greeting of Pietro Grasso the now famous amendment on false accounting . These, in essence, the highlights of the reform. On the false accounting office will proceed, except in cases involving non-listed companies below the limits fallibility, where the procedure is introduced to the lawsuit. It is the imprisonment from 3 to 8 years for listed companies who commit the crime of false accounting knowingly exposing in budgets and communications relevant facts are not true.

unlisted companies are punished with the sentence ranging from 1 to 5 years for the same facts. Enter, in the text of the government to the anti-corruption bill, the standard on tenuous nature of the fact passed since the last Council of Ministers, which introduced in the Criminal Code, Article 131 bis, with the filing of some facts of slight entity. Fines from 400 to 600 shares for listed companies, and from 200 to 400 for unlisted companies, sanction from 100 to 200 shares instead for unlisted companies that are awarded the fact minor .

“I think that there are conditions to meet deadlines,” says the Minister of Justice, Andrea Orlando (photos) . “We have gone from a crime of damage to a dangerous offense, with increased penalties. Now we are faced with a crime” can bite the phenomenon, “said yet Orlando, who stressed that it is facing a balanced text and decisively to address the problem, a text that has exceeded any hypothesis of thresholds of punishment and that, while welcoming the observations coming from the business world, has not given up all ‘setting of “serious contrast of the phenomenon.”