Congress Proposes Penalizing Illegal Financing Of Political Campaigns

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The Congressional Constitution Commission, lead by the fujimorist Úrsula Letona, is debating today its proposal to penalize the illegal financing of parties and candidates. However, last week she had assured that she would wait for the government’s proposal, said La República.

The president of the Council of Ministers César Villanueva announced on Wednesday in Congress that he would present ‘before the first 180 days’ a normative package that includes ‘a proposal to restructure the financing model of electoral campaigns for the criminalization of undeclared contributions’, wrote La República, although, two days later, Letona assured that he will wait for the proposal of the Constitution Commission on this matter to be decided.

It is planned that the reception of contributions from illicit sources will be penalized. The party treasurer, the campaign manager or the candidate will be punished with jail for two to five years.

However, the penalization does not apply to presidential applicants because, by law, only treasurers should receive these contributions.
As for the prohibited sources, these are: entities with state participation; religious organizations; companies; national nonprofit organizations; foreign non-profit organizations or people; convicted people with final judgment or preventive detention for cases against public administration; drug trafficking; illegal mining; illegal logging; people trafficking, money laundering or terrorism.
It is also planned for the penalty to increase if contributions are not declared. From one to two years if financial reports required by law are not submitted, from two to four years if a contribution is omitted, and from three to six years if the undeclared amount is greater than 124.500 Soles.

(Source)
(Cover Photo Flickr)

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