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LAW ON COMPANIES' LIABILITY GOES TO THIRD READING

ZAGREB, Jan 29 (Hina) - All party benches in the Croatian parliament on Wednesday agreed that the government's bill on the liability of companies for criminal acts be sent into the third reading. According to the bill, companies could be held criminally responsible, which would be a precedent.
ZAGREB, Jan 29 (Hina) - All party benches in the Croatian parliament on Wednesday agreed that the government's bill on the liability of companies for criminal acts be sent into the third reading. According to the bill, companies could be held criminally responsible, which would be a precedent. #L# Benches of both the opposition and ruling coalition endorsed the recommendation of the Committee for the Legislature and Judiciary that the bill be send into the third reading. They described some provisions as questionable and "tensile", even as an overkill of commitments requested by the European Union. Vladimir Seks of the Croatian Democratic Union (HDZ) was concerned with the fact that the bill lacked a list of criminal acts for which a corporate body would be held accountable. The bill stipulates criminal liability for companies under the principle of established guilt of a responsible person who committed the particular act. The crime envisages fines from 5,000 to five million kuna (EUR1 = 7.5 kuna), and, exceptionally, closing down a company if founded solely to commit criminal acts. According to the government, the adoption of the draft law could contribute to a more efficient suppression of grey economy, white- collar crime and corruption. (hina) lml sb

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