Companies can be fined for bribery under new laws
Move part of long-awaited overhaul of state’s anti-corruption legislation
Companies will face heavy fines for corruption for the first time if any of their workers are found to be paying bribes.
It is part of a long-awaited overhaul of the state’s anti-corruption legislation which dates back over 100 years.
Currently, it is not possible to prosecute a company for corruption offences.
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Proposal for expert panel to review capital projects over €100m
Large public capital projects could be run through an “independent panel of international experts” as part of public spending reforms, according to the Department of Public Expenditure
State body to reissue €28m office supplies contract
The contract covers the supply of office stationery to a range of government bodies and agencies, including the HSE, universities, hospitals, councils and schools
Sinn Féin open to coalition deal, but on condition of border poll
Party would launch the ‘largest public house building programme that Ireland has ever seen’ and a national health service
Fine Gael ‘will go to war’ if Bailey runs as independent
The party threatens to put significant financial resources behind its own candidates in bid to ensure that she is ‘never seen again’ in politics
