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Wednesday, September 12, 2018

Corruption Immunity

About two dozen countries accounting for almost half of global exports impose "little or no enforcement" of foreign bribery laws, Transparency International report.

 "It is unacceptable that so much of world trade is susceptible to consequence-free corruption," said Delia Ferreira Rubio, Chair of Transparency International. "Governments have promised to implement and enforce laws against bribing foreign officials under the OECD and UN conventions. Yet many are not even investigating major cases of grand corruption, which involve state-owned enterprises and senior politicians. These have an especially corrosive effect, and ultimately impact the ordinary citizens of the country the hardest."  

22 countries accounting for about 40 percent of global exports had "little or no enforcement" to deter foreign bribery.

China accounts for 10.8 percent of global exports, but was at the lowest level of enforcing foreign anti-bribery commitments. The authors of the report said that as the world's largest exporter China had a "special responsibility."

"China's performance regarding international anti-corruption standards influences attitudes and behaviour in other major exporting countries," the report stated. 

https://www.dw.com/en/anti-corruption-watchdog-top-exporters-fail-to-punish-bribery/a-45451431

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