Ministry drafts anti-corruption bill

Competition

Hungary’s justice ministry today published a draft bill on its website aimed at amending several penal laws, which would in turn increase the efficiency of jurisdiction in corruption cases, Hungarian news agency MTI reported.

The ministry said that “an extremely high” number of graft cases are not reported, so it has therefore drafted incentives such as more lenient punishment, or no punishment at all in bribery cases in the event that perpetrators are willing to cooperate with the authorities.

According to the ministry’s proposed changes, accepting tips or gifts for services would no longer constitute as bribery, however soliciting gifts would still be considered a criminal offense.

The draft also states that public officials who fail to report bribery would face prison sentences of up to three years. Repeat offenders will be handed a cumulative sentence, which may be stricter than those currently applied, the draft notes.

ÁKK Sells HUF 50 bln of Bonds at Auction, Over Plan Debt

ÁKK Sells HUF 50 bln of Bonds at Auction, Over Plan

Hungary to Address Future of Cohesion Policy During EU Presi... EU

Hungary to Address Future of Cohesion Policy During EU Presi...

Foreign-owned Companies Generate Over Half of E-tail Turnove... Retail

Foreign-owned Companies Generate Over Half of E-tail Turnove...

Time Out Market to Open in Budapest Next Year Food

Time Out Market to Open in Budapest Next Year

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.