Violation Fine

SEC. 165. Fraudulent 200k - 2M A corporation that

Conduct of Business appoints an
intermediary who
A corporation that 400k - 5M (When engages in graft and
conducts its business the violation of this corrupt practices for
through fraud. provision is injurious the corporation’s
or detrimental to the benefit or interest.
public) SEC. 168. Tolerating 500k – 1M
SEC. 166. Acting as 100k - 5M Graft and Corrupt
Intermediaries for Practices
Graft and Corrupt
Practices A director, trustee, or
officer who knowingly
A corporation used for fails to sanction,
fraud, or for report, or file the
committing or appropriate action with
concealing graft and proper agencies,
corrupt practices as allows or tolerates the
defined under graft and corrupt
pertinent statutes. practices or fraudulent
acts committed by a
corporation’s directors,
When there is a finding trustees, officers, or
that any of its employees.
directors, officers,
SEC. 169. Retaliation 100k – 1M
employees, agents, or
Against
representatives are
Whistleblowers
engaged in graft and
corrupt practices, the
corporation’s failure to
install: Any person who,
knowingly and with
intent to retaliate,
a. safeguards for
commits acts
the
detrimental to a
transparent
whistleblower such as
and lawful
interfering with the
delivery of
lawful employment or
services; and
livelihood of the
whistleblower.
b. policies, code
of ethics, and
A whistleblower refers
procedures
to any person who
against graft
provides truthful
and corruption
information relating to
shall be prima
the commission or
facie evidence
possible commission
of corporate
of any offense or
liability under
violation under this
this section.
Code.
SEC. 170. Other 10k – 1M
SEC. 167. Engaging 100k – 1M Violations of the
Intermediaries for Code
Graft and Corrupt
Practices
Violations of any of the
other provisions of this
Code or its
amendments not
otherwise specifically
penalized therein

If the violation is
committed by a
corporation, the same
may, after notice and
hearing, be dissolved
in appropriate
proceedings before the
Commission:

- Provided, That
such
dissolution
shall not
preclude the
institution of
appropriate
action against
the director,
trustee, or
officer of the
corporation
responsible for
said violation:

- Provided,
further, That
nothing in this
section shall
be construed
to repeal the
other causes
for dissolution
of a
corporation
provided in
this Code.

Liability for any of the

foregoing offenses
shall be separate from
any other
administrative, civil, or
criminal liability under
this Code and other
laws.