ONLY 11 MAJOR EXPORTING COUNTRIES PUNISH COMPANIES FOR GRAFT

A new report from Transparency International has found that only 11 major exporting countries in the world significantly punish companies that pay bribes abroad. The report, called ‘Exporting Corruption’, also found that more than half of world exports come from at least 33 jurisdictions, including several European Union (EU) member states, where companies that export corruption along with their goods and services face weak consequences. The top ranking seven countries, judged to have ‘active enforcement’ with 7% of world exports, are Germany, Israel, ...


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