Sat,Aug 3,2013
86-year glorious history of Chinese PLA
Tropical storm Jebi expected to land in Hainan
Ancient city Luoyang of Sui and Tang Dynasties
Snowden granted one year's temporary asylum in Russia: lawyer
Confession of a parkour lover
Beautiful sunrise in Taiwan
Number of leaked documents was 'overwhelming'
Xiaomi shifts into low end of mobile sector
Sun Yang wins gold medal of men's 800m freestyle
BRASILIA, Aug. 2 (Xinhua) -- Brazil's President Dilma Rousseff has approved a new Anti-Corruption Law that calls for stiffer penalties against companies that defraud the government or promote official corruption, the Government announced on Friday.
The law, passed by the Congress at the beginning of July, calls for stronger sanctions against companies that bribe or otherwise influence public servants, submit fraudulent bids to government agencies, and obstruct justice by impeding investigations, among other crimes.
The law follows two months of anti-government protests demanding an end to corruption and better public services.
While Rousseff approved the law, she vetoed three aspects of the bill that aim to soften its impact on the corporate world: limiting the amount of fines companies would pay to the amount of the contract in question, demanding that prosecutors prove that the business owners involved in a crime intended to defraud the government of public funds, and extenuating corporate responsibility in a case of official corruption if a public servant is involved, the government said in a gazette.
The size of the fine was instead set at a maximum of 20 percent of a company's gross revenue for the previous year, or up to 60 million reals (26 million U.S. dollars) if impossible to calculate the former.
The General Comptroller's Office (CGU) said the new law also allows authorities to sanction corporate crimes by seizing company assets, demanding the suspension of activities or forcing the company's dissolution, as well as banning the enterprise from receiving incentives, subsidies, donations or loans from public agencies for a determinate period of time.
The Anti-Corruption Law distinguishes between companies that are negligent in combating corruption and those that make an effort to curb illicit dealings.
Companies that promote internal audits, a code of ethics and a culture of uncovering or reporting dirty dealings, for example, could see any eventual penalties minimized.
Tough training of PLA special forces 
Muslims pray during religious ceremony of Ramadan in Iran
Old urban areas in Shanghai flooded
S. Korea defeat China 63-59 at 27th FIBA Asia Championship 
Two gold-backed ETFs launched in Shanghai
Bikini babes in kayak contestDay|Week|Month
