RFBT-Penalties PDF

PENALTIES Government Procurement (RA9184) - Imprisonment of 6 years and 1 day but not more than 15 years Ease of Doing Business (RA11032) 1st Offense - Administrative liability with 6...

PENALTIES Government Procurement (RA9184) - Imprisonment of 6 years and 1 day but not more than 15 years Ease of Doing Business (RA11032) 1st Offense - Administrative liability with 6 months suspension - Except Fixing and Collusion with Fixers, diretso sa 2nd offense 2nd Offense - Administrative and Criminal Liability of dismissal from the service. - Perpetual disqualification from holding an office/position (FOREVER DISQUALIFIED) - Imprisonment of 1 year to 6 years WITH a fine of not less than 500k but not more than 2 million. Bank Secrecy (RA1405) Local Currency Deposits FCDA (RA6426) - Imprisonment of not more than 5 years - Fine of not more than 20k - OR Both, at the discretion of the Court (What court?) Foreign Currency Deposits - Imprisonment of 1 to 5 years - 5k to 20k - OR Both at the discretion of the court TILA (RA3675) Non-Disclosure (Unwillful / Di-sadya) - File a civil case for recovery of damages in the amount of 100 OR twice the finance charged required by the creditor, WHICHEVER IS GREATER, but not to exceed 2k - Must be brought within 1 year from the date of occurrence of the violation in ANY court of competent jurisdiction Non-Disclosure (Willful) - File a criminal case - Fine is not less than 1k or more than 5k - Imprisonment for not less than 6 months but not more than 1 year - OR BOTH PDIC (RA3591) Failure to settle the claims due to grave abuse of discretion, gross negligence, bad faith or malice, shall upon conviction, will subject the DIRECTORS, OFFICERS OR EMPLOYEES of PDIC RESPONSIBLE FOR THE DELAY to imprisonment from 6 months to 1 year. AMLA (RA9160) Money Laundering (Directly Involved) (RA11521 as amended) (naging 36 ang - 7 to 14 years unlawful acts) - Not less than 3 million but not more than TWICE of the value of the monetary instrument or property involved in the offense. Money Laundering (Facilitate) - 4 to 7 years - Not less than 1.5 million, but not more than 3 million Money Laundering (Required to disclose and report sa AMLC but hindi ginawa) - 6 months to 4 years - Not less than 100k but not more than 500k Breach of Confidentiality - 3 to 8 years imprisonment - Fine of 500k to 1 million Malicious Reporting - 6 months to 4 years - Not less than 100k but not more than 500k Lemon Law (RA10642) Violation of Provisions Requiring Disclosure - Minimum of 100k without prejudice to any civil or criminal liability under existing law - Meaning, on top of any other liability pa siya under existing law. E-Commerce Act (RA8792) Hacking or Crackling - 6 months to 3 years  - Minimum of 100k to the amount of damage incurred Piracy - minimum fine of P100,000.00 and a maximum commensurate to the damage incurred and mandatory imprisonment of 6 months to 3 years. Violation of the Consumer Act or RA No. 7394 and other relevant to pertinent laws. - minimum fine of P100,000.00 and a maximum commensurate to the damage incurred and mandatory imprisonment of 6 months to 3 years. Other violations – Max of 1,000,000 or 6 yrs of imprisonment