Reporters Without Borders Slam Amendments to BG Penal Code on Banks

Society | July 24, 2014, Thursday // 17:17| Views: | Comments: 1
  • Send to Kindle
Bulgaria: Reporters Without Borders Slam Amendments to BG Penal Code on Banks

The Reporters Without Borders organisation harshly criticised the amendments to Bulgaria's Penal Code criminalising the spreading of false information on banks.

In an open letter of Christophe Deloire Reporters Without Borders secretary-general,  published on its website, the organisation notes that in spite the best intentions to protect the country's banking sector, those amendments would practically turn it “into a walled-off fortress that would have to render accounts to no one.” 

Banks and financial institutions are no more immune to abuses and excesses than any other sector of Bulgarian society, and it is the media’s job to make the public aware of these problems,” reads the letter. “It is also the media’s job to explain how this complex sector operates, because the public’s understanding is essential to the country’s prosperity.

What journalists would dare to fulfil this role, even when sure of their facts, if the threat of a jail sentence were hanging over them? How could they prove to a judge that their stories were not “false or misleading” especially as, in the overwhelming majority of defamation cases, it is the journalist’s good faith that is demonstrated, not the story’s accuracy? And finally, how could journalists be sure that judges, at their discretion, would not decide that the public’s reaction constituted a “panic”?”

“The balance of power between the banking sector and journalism was already skewed, inasmuch as the banks can afford much better legal advice. If you adopt this amendment, this imbalance will be enshrined in the law.Many civil society representatives have come out against this amendment. Some say the very vague reference to “other information” should be made more precise. Some want “false or misleading information” changed to “deliberately false or misleading information.” Others point to the fact that “causing a panic” is not defined. Reporters Without Borders shares these criticisms.”

“But Reporters Without Borders asks you to go further. This amendment should be abandoned altogether. It has no place in the penal code because it is draconian, it contradicts all of the international accords that protect fundamental rights, and it contradicts the Bulgarian constitution, which enshrines the right to receive and disseminate information freely.”

In conclusion Christophe Deloire points out that the situation with media freedom in Bulgaria is serious enough. “Freedom of information is in poor shape in Bulgaria, which is ranked 100th out of 180 countries in the Reporters Without Borders press freedom index, the lowest position of any European Union member,” he said. “You have a duty to improve your ranking, not make it worse. ”

Society » Be a reporter: Write and send your article
Tags: Reporters without Borders, penal code, banks, information, false, panic, National Assembly, amendments
Advertisement All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (1)
EDC - 25 Jul 2014 // 08:21:39

BANKS should be immune from any sort of behaviour that may harm the bank it,s staff or it,s customers or interference from accounts .
To many DO-GOODERS in this world today INTERFERING IN Other Countries and peoples business.
If you do not like the laws of the land go live somewhere else ,People who arrive in a country to work and live and then make DEMANDS about the laws the education and the culture should be politely told if you wish to live here live by OUR RULES if not please feel free to where you came from.
You don,t want to be seen on camera in a street WHY WHAT ARE YOU DOING THAT IS WRONG THAT MAKES IT A PROBLEM . I you got attacked you would be the first to go screaming to the police and if no camera was in place you would be asking WHY ANSWER because you SCREAM an infringement of your HUMAN RIGHTS ,

Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria