Less than half of OECD governments enforce foreign bribery prohibition
More than ten years after adoption of the OECD Anti-Bribery Convention, there is a dangerous stalemate on enforcement, according to a new report released today by Transparency International (TI).
The 2008 Progress Report on Enforcement of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions found that enforcement was stepped up in only two member states over 2007, meaning that less than half of the signatory states are living up to their commitments. The Convention broke new ground in 1999 by finally criminalising foreign bribery, which, until then, had even been tax deductible in some countries.
The report shows that there is significant enforcement by 16 governments but that there is little or no enforcement by 18 governments. The report also includes case studies on investigations involving Alstom, AWB, BAE Systems, Halliburton, IMPSA and EME and Siemens.
See full Press Release.
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