Monday, February 20, 2006

AWB staff refused to sign code


It is clear that this has been going on for a while and was going to surface sooner or later.

Will people never learn that, even if only for their own interests, taking the moral short-cuts are not the way to go!

Onésimo Alvarez-Moro

See article:
AWB staff, including managers involved in Iraq deals, refused to sign a code of conduct because of concerns about potentially corrupt payments to agents in Pakistan, an inquiry has been told.
The Cole commission investigating hundreds of millions of dollars in kickbacks paid by the wheat exporter to Iraq has heard a number of AWB staff resisted repeated demands by management to sign the company's internal corporate governance code.

Their concerns related to hefty payments AWB had been making to two agents in Pakistan who helped secure wheat sales for the company.

Previous evidence to the inquiry showed an internal audit of the company found the Pakistan payments to agents in Islamabad and Karachi were "red flags" for corruption and may have involved bribes to the Pakistan government.

See full Articl.