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They should at least be barred from being board members for a certain period of time.
by triceratops 1y ago
They should at least be barred from being board members for a certain period of time.
- s1artibartfast 1y agoWhy, if they did nothing wrong and had no knowledge of anything illegal? It is extremely rare to see that kind of prosecution in western countries (US or EU).
- Doxin 1y agoBecause they should have known. They should have made it their business to know. Looking the other way on purpose should not be a valid legal defense.
- triceratops 1y ago> Looking the other way on purpose Hell even if not on purpose. The point of a board is oversight. If management can commit illegal acts without the board's knowledge, the board has failed. Of course incompetence in a board role shouldn't lead to prison. But it should at least bar someone from future board jobs for a few years.
- triceratops 1y agoPour encourager les autres. If there's illegality going on at a company and the board doesn't know about it, future boards will make sure they are better informed.