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Argentina Cracks Down on Corruption: Bribery Laws Tighten

In an effort to combat corruption, Argentina’s government has strengthened its laws against bribery, imposing harsher penalties for those found guilty of the crime.

Harsher Penalties for Bribery

According to the new legislation, anyone who offers or accepts bribes in exchange for official favors can face imprisonment ranging from one to six years. The punishment is even more severe for officials who use their position to solicit or receive bribes, with a maximum sentence of 12 years.

No Exemptions for Bribery

The laws also apply to bribery committed by foreign public officials, with penalties including imprisonment and disqualification from holding public office for life. Additionally, the legislation makes it clear that there are no defenses or exemptions for bribery, and that “facilitation” payments - commonly known as “grease” payments - are not allowed. This means that even small gifts or favors given to officials in exchange for routine government actions can be considered a criminal offense.

Corruption within Financial Institutions

The laws also extend to corruption within financial institutions, with employees or officials who engage in bribery facing separate penalties.

Minister’s Statement

“This is a major step forward in our efforts to combat corruption and restore trust in the system,” said [Name], Argentina’s Minister of Justice. “We will not tolerate any form of bribery or corruption, and those found guilty will face severe consequences.”

Broader Effort to Combat Corruption

The new laws are part of a broader effort by the Argentine government to root out corruption and improve transparency in public life. The country has faced widespread criticism for its lack of progress in tackling corruption, with many officials and politicians accused of embezzlement and other forms of graft.

Upcoming Enforcement

The legislation is expected to come into effect in the coming months, and will be enforced by a newly-established anti-corruption agency.

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