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Thursday, May 10, 2012

China Joins the International Fight against Corruption

China Joins the International Fight against Corruption

China has recently joined most of the western world in passing anti-corruption legislation. As reported by the FCPA Professor, “the legislature of the People’s Republic of China (PRC), the National People’s Congress, passed a slate of 49 amendments to the Criminal Law, one of which is a provision that criminalizes paying bribes to non-PRC government officials and to officials of international public organizations.”

This amendment represents the first instance in which PRC law has prohibited PRC nationals and PRC companies from paying bribes to non-PRC government officials and to officials of international public organizations. The amendment became effective on May 1, 2011.  The New Law simply states that following:

"Whoever, for the purpose of seeking illegitimate commercial benefits, gives money or property to any foreign public official or official of an international public organization, shall be punished in accordance with the provisions of the preceding paragraph (i.e., the pre-existing Article 164)”

International Whistleblower Reward Laws Encourage Chinese Whistleblowers and International Whistleblowers to Expose Chinese Government Official Bribes, Chinese Public Official Illegal Kickbacks, and other Chinese Government Corruption which are Violations of the Foreign Corrupt Practices Act by China International Business Whistleblower Lawyer, People's Republic of China International Bribery Scheme Lawyer, and China Foreign Corrupt Practices Act Whistleblower Lawyer Jason S. Coomer

Multinational Corporations that pay illegal kickbacks and bribes to Chinese government officials and former Chinese government officials in exchange for Chinese construction contracts, Chinese public health care pharmaceutical contracts, customs false certifications through Chinese ports, and other international business advantages can be brought to justice and made to pay large penalties under the Foreign Corrupt Practices Act and the China bribery scheme international whistleblower that exposes these foreign corporations are granted protections and may be able to collect large economic rewards under new international whistleblower laws.  For more information on this topic, please feel free to go to the following webpage: International Whistleblower Reward Laws Encourage Chinese Whistleblowers and International Whistleblowers to Expose Chinese Government Official Bribes, Chinese Public Official Illegal Kickbacks, and other Chinese Government Corruption.  

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