What is the maximum fine for corruption?
The penalties under the Act are severe – there is a maximum penalty of 10 years’ imprisonment and/or an unlimited fine for individuals. Corporates face an unlimited fine (including in respect of the corporate offence).
What is considered corruption in Singapore?
Corruption in Singapore is broadly defined as a bribe offered in return for a favour. The bribe can be in the form of monetary or non-monetary nature. This includes: Money, gifts, loans, fees, rewards, commissions or other property of any description.
What is the penalty that a corrupt official can face?
The penalties for various offences under the PCA include imprisonment ranging from six months to 10 years and a fine (with one instance where it is imprisonment, a fine or both).
How does Singapore deal with corruption?
Singapore relies on two key legislations to fight corruption; the Prevention of Corruption Act (PCA), and the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (CDSA). … The CDSA, when invoked, confiscates ill-gotten gains from corrupt offenders.
What is the punishment for bribery and corruption?
The penalties for committing a crime under the Act are a maximum of 10 years’ imprisonment, along with an unlimited fine, and the potential for the confiscation of property under the Proceeds of Crime Act 2002, as well as the disqualification of directors under the Company Directors Disqualification Act 1986.
What is considered as corruption?
Corruption is a form of dishonesty or a criminal offense which is undertaken by a person or an organization which is entrusted with a position of authority, in order to acquire illicit benefits or abuse power for one’s personal gain.
What are the elements of corruption?
The general offence of corruption includes three elements: namely, a giver, an accepter, and a gratification. As such, a person giving a gift to another would be guilty of the act of corruption where the purpose of the gift is to induce the other party to do or not to do anything which is not authorised.
What are the elements in a corrupt act?
1. Against the law to self-enrich, or another person or corporation, and can harm the state finances is corruption. 2. Abusing authority to benefit themselves or any other person or corporation, and can harm the state finances is corruption.
What are the punishments for corruption?
15. Punishment for attempt. —Whoever attempts to commit an offence referred to in clause (c) or clause (d) of sub-section (1) of section 13 shall be punishable with imprisonment for a term 3[which shall not be less than two years but which may extend to five years] and with fine.
What is the maximum punishment provided under the Prevention of Corruption Act?
(2) Any public servant who commits criminal misconduct shall be punishable with imprisonment for a term which shall be not less than one year but which may extend to seven years and shall also be liable to fine.
What is the maximum penalty for bribery of foreign officials?
The bill amended the CFPOA to: Increase the maximum sentence of imprisonment applicable to the offence of bribing a foreign public official from 5 years to 14 years. Eliminate the facilitation payments exception to that offence at a future date to be announced.