Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 10-day trial to continue exploring with full access.

Romanians take a stand against corruption

Tom Fox | February 11, 2017

The Romanian people have spoken with a resounding NO to their government’s attempt to decriminalize bribery and corruption within their country. The law’s repeal had been accomplished by a new ruling party, which not only wanted to decriminalize such heinous behavior but also pardon those previously convicted under the prior law against corruption. The stated reason was to relieve prison overcrowding. (And The Man From FCPA thought the myth of the rogue employee was a specious argument.)

Reports noted that in the middle of the night, the government simply issued an Emergency Deree, to avoid publicity and Parliamentary approval “to change three articles involving three crimes: abuse of power, negligence in office and conflict of interest. Such crimes are usually committed only by high officials, high civil servants.” In short, the government was trying to put itself and its... To get the full story, subscribe now.