Penalize corruption in private sector – solons
HOUSE members are seeking the amendment of the Anti-Graft and Corrupt Practices Act to penalize and criminalize graft and corruption in the private sector.
Rep. Sherwin Tugna (Party-list, CIBAC) said while the evils of graft and corruption have always plagued both the public and private sectors of society, the country currently has no laws that specifically penalize corruption in the private sector.
“Corruption has always been associated with the government. People always see that corruption is only prevalent in government offices, agencies and departments. Public officials are the ones who abuse their power and position to gain advantage. However, it is forgotten that graft and corruption are not limited in the government sector,” said Tugna.
Tugna, an assistant majority leader, said in line with the thrust of the United Nations Convention Against Corruption (UNCAC), now is the right time to amend Republic Act 3019 or the Anti-Graft and Corrupt Practices Act to include a provision that will penalize corruption in the private sector.
“In doing this, a clear message is being sent out that graft and corruption is prohibited in any sector of society. All Filipinos are part of the fight against graft and corruption,” he said.
Tugna and Rep. Cinchona Cruz-Gonzales (Party-list, CIBAC) filed House Bill 6610 seeking to amend RA 3019 to penalize and criminalize graft and corruption in the private sector.
Cruz-Gonzales said graft and corruption weakens the country’s democracy and the integrity of various institutions, leads to violations of human rights , distorts markets, prevents the proper
delivery of basic services to the people, increases inequality and injustice in society, and allows organized crime, terrorism and other threats to human security to flourish.