ZAGREB, Sept 11 (Hina) - Parliament on Thursday passed a law on the criminal responsibility of legal entities which envisages penalising companies for crimes committed by management.
ZAGREB, Sept 11 (Hina) - Parliament on Thursday passed a law on the
criminal responsibility of legal entities which envisages
penalising companies for crimes committed by management. #L#
The government said the law should be adopted due to the frequent
grave forms of economic crimes which are a consequence of organised
activities of several persons, as well as due to technological
development which has led to new forms of crime (environmental
crime, food poisoning, etc.) the responsibility for which lays on
companies.
The government claims that the existing criminal liability of
physical persons in legal entities is not a sufficient instrument
to prevent white-collar crime.
The law foresees financial fines ranging from 5,000 to five million
kuna for legal entities. Under the new law, a company will be closed
down if an investigation shows that it was established for criminal
activities, or if its business transactions were used mostly to
commit crime.
Parliament resumed its sitting with a debate on amendments to a law
on the financing local-self government units.
(EUR1 = 7.5 kuna)
(hina) it