SPAIN, NETHERLANDS AND AUSTRIA NEED TO DO A BETTER JOB IN FIGHTING BRIBERY, OECD FINDS

SPAIN, Austria and the Netherlands have been criticised for failing to prosecute cases involving bribery of foreign officials despite being longstanding signatories to the Organisation for Economic Cooperation and Development (OECD) Convention on combating graft in international business. An OECD report published this month found that: in 13 years since adopting the convention, Spain has not prosecuted a single individual or company; Austrian authorities are investigating seven such cases but have failed to convict anyone since the convention came into force ...


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