RUSSIA OPENED 487 BRIBERY INVESTIGATIONS IN 2018, LATEST STATISTCS SHOW

Russian law enforcement authorities opened 487 investigations for bribery in 2018, leading to 439 convictions and fines totalling RUB691 million (USD10.7 million), according to recently published statistics. Russian general prosecutor’s office figures show over 300 new entities were added to the public bribery register last year, bringing the number of offenders listed to 1,700. Companies on the register cannot bid for state procurement contracts for two years, although the ban does not apply to state-owned companies. The investigations almost all involve small ...


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