OECD Seriously Concerned by Lack of Foreign Bribery Convictions, but Encouraged by Recent Efforts by the Australian Federal Police.
Australia’s enforcement of its foreign bribery laws has been extremely low, with just a single case leading to prosecutions out of 28 referrals in 13 years. Cases may have been closed prematurely. Australia must vigorously pursue foreign bribery allegations.
The OECD Working Group on Bribery has just completed its report on Australia’s implementation of the Convention of Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.
The Working Group will follow up Australia’s recent efforts to improve its enforcement record. The Group made further recommendations to improve Australia’s fight against foreign bribery, including:
See full Press Release: http://www.oecd.org/newsroom/oecdseriouslyconcernedbylackofforeignbriberyconvictionsbutencouragedbyrecenteffortsbytheaustralianfederalpolice.htm
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