Business Ethics | Corruption and Bribery

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New Africa: why Kenya’s corruption-buster has high hopes for the future

corruptionbribery August 28, 2012 0

John Githongo is an irritant, a troublemaker – in fact, every corrupt dictator's worst nightmare. The former newspaper journalist has made a career of exposing graft in high places. He went into exile in

Corruption is potentially the greatest threat to economic progress

corruptionbribery August 27, 2012 0

I have been asked by several persons whether I believe that everything humanly possible is being done to stamp out corruption. I will attempt an answer by pointing to ways how corruption becomes pervasive,

Risk assessment key to address anti-corruption risk exposure

corruptionbribery August 24, 2012 0

Canadian companies operating abroad would be well-advised to conduct comprehensive risk assessments to guard against anti-corruption risk exposure, recommends a recent post by John Boscariol on Lexology. “Canadian companies operating abroad can face particularly high

Logistics companies risk UK bribery prosecution

corruptionbribery August 24, 2012 0

A number of the world’s biggest logistics companies are putting themselves and their customers at risk of prosecution under UK bribery laws, according to research by business ethics consultants GoodCorporation

SFO Launches Criminal Bribery Probe Into EADS Unit

corruptionbribery August 16, 2012 0

The U.K. Serious Fraud office said Thursday that it’s launching a criminal probe into allegations concerning a unit of European Aeronautic Defence & Space Co., or EADS, and its business in Saudi Arabia.

Pfizer DPA: New Minimum Best Practices for FCPA Compliance Programs?

corruptionbribery August 15, 2012 0

Last week was wild in the Foreign Corrupt Practices Act (FCPA) and wider compliance world. In the FCPA arena, as most compliance practitioners are aware, Pfizer settled its FCPA enforcement action this week. In

Pfizer pays $60 million to settle bribery charges

corruptionbribery August 13, 2012 0

Pfizer has agreed to pay the federal government $60 million to settle allegations that its employees bribed doctors and other foreign officials in Europe and Asia to win business and boost sales.

More Asian nations passing own anti-corruption laws, says report

corruptionbribery August 10, 2012 0

Several Asian jurisdictions have passed legislation similar to the U.S. Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act (UKBA) in recent years as part of a bid to ensure the operations of