France should intensify its efforts to combat the bribery of foreign public officials. Only five convictions – of which one, under appeal, involves a company – have been handed down in twelve years. The OECD Working Group on Bribery is concerned by the lacklustre response of the authorities in actual or alleged cases of foreign bribery involving French companies. The Working Group finds that sanctions are not sufficiently dissuasive and expresses concern over the lack of confiscation of the proceeds of corruption.
The OECD Working Group on Bribery has just completed its report on France’s implementation of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.
See full Press Release: http://www.oecd.org/newsroom/oecdseriouslyconcernedatlackofforeignbriberyconvictionsinfrancebutrecognisesrecenteffortstoensureindependenceofprosecutors.htm
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