Thursday, July 26, 2012

Corruption: Greece’s failure to investigate major foreign bribery cases raises significant concerns, says OECD

Greece has failed to promptly investigate a significant foreign bribery case and to provide timely information on its anti-bribery efforts, according to a new report. As a result, the OECD Working Group on Bribery will undertake a second evaluation to further examine Greece’s enforcement efforts. The additional evaluation will also look at recent and upcoming developments, as well as issues which could not be fully assessed in the first evaluation. The OECD Working Group on Bribery has just completed its report on Greece’s application of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments. See full Press Release.