SEC. 168. Tolerating Graft and Corrupt Practices; Penalties. – A director, trustee, or
officer who knowingly fails to sanction, report, or file the appropriate action with proper agencies,
allows or tolerates the graft and corrupt practices or fraudulent acts committed by a corporation’s
directors, trustees, officers, or employees shall be punished with a fine ranging from Five hundred
thousand pesos (P500,000.00) to One million pesos (P1,000,000.00).
SEC. 169. Retaliation Against Whistleblowers. – A whistleblower refers to any person who
provides truthful information relating to the commission or possible commission of any offense
or violation under this Code. Any person who, knowingly and with intent to retaliate, commits
acts detrimental to a whistleblower such as interfering with the lawful employment or livelihood
of the whistleblower, shall, at the discretion of the court, be punished with a fine ranging from
One hundred thousand pesos (P100,000.00) to One million pesos (P1,000,000.00).
SEC. 170. Other Violations of the Code; Separate Liability. – Violations of any of the other
provisions of this Code or its amendments not otherwise specifically penalized therein shall be
punished by a fine of not less than Ten thousand pesos (P10,000.00) but not more than One million
pesos (P1,000,000.00). If the violation is committed by a corporation, the same may, after notice
and hearing, be dissolved in appropriate proceedings before the Commission: Provided, That such
dissolution shall not preclude the institution of appropriate action against the director, trustee, or
officer of the corporation responsible for said violation: Provided, further, That nothing in this
section shall be construed to repeal the other causes for dissolution of a corporation provided in
this Code.
Liability for any of the foregoing offenses shall be separate from any other administrative,
civil, or criminal liability under this Code and other laws.
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