OECD WORKING GROUP PUSHES AGAINST GRAFT – BUT MANY GOVERNMENTS TURN BLIND EYE TO FOREIGN BRIBERY
April 1st, 2013
THE ORGANISATION for Economic Cooperation & Development (OECD) has made a lot of noise about its anti-bribery convention. But some countries are failing to comply, and where others do – otherwise honest companies can lose trade. David Hayhurst and Keith Nuthall report. ON the face of it – the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions is a worthy endeavour. It seeks to prevent greedy companies from rich countries subverting public procurement processes in poor countries by using their ...
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