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Now, pay penalty 100 times more than bribe in Russia

Moscow, May 4 (IANS) People in Russia will have to cough up 100 times the amount of bribe they pay or receive as penalty following the signing of an anti-corruption bill Wednesday by President Dmitry Medvedev.
Medvedev moved to beef up his image as an anti-corruption crusader Wednesday as he signed off a bill to raise fines for bribery, RIA Novosti reports.
 
 The bill, approved by Russia's parliament earlier this month, raises fines for giving or taking bribes by up to 100 times the amount of the bribe. The maximum fine is 500 million rubles ($18.3 million).
 
 "I hope this law helps fight corruption, the scale of which is horrifying," Medvedev said in a meeting with Russian Prosecutor General Yury Chaika.
 
 "It is an absolutely new punishment," the president said.
 
 "The spike of state responsibility will be directed at a person's assets. For some, this will be more important."
 
 He added, however, that a jail term remains the "main type of punishment" for palm-greasing.
 
 "There should be no doubt: imprisonment... will continue to be used by courts."
 
 The number of corruption-related crimes involving top government officials and large bribes increased 100 percent in 2010 year-on-year, Russian Interior Minister Rashid Nurgaliyev said in January.
 
 Russia is ranked 154th out of 178 countries by Transparency International, while the US is 19th in the anti-corruption group's latest Corruption Perception Index.

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