Saudi FM calls Indian, Pakistani counterparts to discuss developments    Al Hilal thrash Gwangju to reach AFC Champions League Elite semi-finals    Saudi Arabia cracks down on fraudulent Hajj campaigns, urges pilgrims to use official channels    Nammos Amala Resort to open soon with Saudi-Greek designs    Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as ninth-year milestone marked    Literature Commission inaugurates Saudi Pavilion at Muscat Book Fair    Saudi Minister of Culture holds talks with his Costa Rican counterpart in Jeddah    Alkhorayef praises advancements in Al-Kharj food industries sector    MHRSD: 80% of recruitment offices are non-compliant with regulations    At least 50 Palestinians killed in Israeli strikes across Gaza    Teenage girl killed in French school stabbing attack    Trump claims meeting with China after Beijing denies any trade negotiations    GACA chief chairs 16th meeting of the Steering Committee on aviation's strategy    Saudi Theater Commission launches its Work and Learn Project in UK    The season has begun — and one comment shook us all    Jennifer Lopez dazzles in Jeddah with a Formula 1 performance    Saudi Arabia open to expanded 64-team World Cup in 2034, says sports minister    Average life expectancy in Saudi Arabia rises to78.8 years    Film Commission launches 'Cinema' initiative to enhance content    Famed Philippine film star Nora Aunor dies at 71    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



OECD slams UK on corporate bribery
Published in The Saudi Gazette on 19 - 08 - 2008

OECD member-states have written to Britain criticizing London's failure to deal with corporate bribery, the Financial Times said Sunday.
The Paris-based Organization for Economic Co-operation and Development sent a team of anti-bribery experts to Britain in April to compile a report on London's corruption-fighting efforts, which is due to be completed in October.
A spokeswoman for Britain's Department for Business confirmed that a letter had been received from the OECD, and said it “raises questions about developments since the April examination visit” but insisted that Britain was making good progress.
Citing people familiar with the letter's contents, the FT said that the letter was approved by all of the 37 members of the OECD's anti-bribery group except Britain.
The newspaper said that one person who had seen the letter described it as “particularly undiplomatic”, as it criticized Britain for failing to bring a single overseas corruption case to court, or update its anti-bribery laws.
“The UK is totally committed to meeting international obligations and goes further than OECD Anti-Bribery Convention requirements in many area,” said the Department for Business spokeswoman.
“On top of this, we will bring forward a draft Bribery Bill for parliamentary scrutiny in the next session, to reform and modernize our law.”
The message suggests London can expect a tough time at the next meeting of the OECD anti-bribery group in October, where members could take the embarrassing and unprecedented step of pushing for Britain to be suspended.
One person who has seen the letter said it was “particularly undiplomatic” and laid out the “full menu” of criticisms about Britain's performance on tackling bribery by its businesses and nationals overseas.
The letter - signed on behalf of the anti-bribery group's members by Mark Pieth, its chairman - was sent days before Angel Gurr?a, OECD secretary-general, visited London in June, people familiar with its contents said.
The letter attacked Britain over its failure to bring a single overseas bribery case or to deliver on a years-old pledge to update its anti-corruption laws. It also raised concerns that the Serious Fraud Office (SFO) would downgrade its commitment to tackling corporate foreign bribery, because of plans for it to focus more on public education and consumer crimes such as share scams.
The letter was approved by all the anti-bribery group's 37 members except Britain, people familiar with its contents said. Those members include the US, Japan and Europe's leading economies. Anti-corruption campaigners and lawyers say Britain has fallen behind other previously poorly-performing nations such as France and Germany, which have launched investigations into leading companies such as Siemens and Alstom, the engineering groups.
The US has brought dozens of corruption cases over the past 30 years and companies under investigation include Halliburton, the oil services group formerly headed by Dick Cheney, the vice-president.
The Department for Business said it would respond to the criticisms outlined in the letter ahead of the October meeting. The department added that the government planned to bring forward a draft bribery bill for scrutiny during the next parliamentary session.
Richard Alderman, the director of the SFO, said dealing with corruption was a “priority” for the agency. He expected to publish proposals soon on how it could better deal with corruption, including by working with business more to prevent bribery from happening.


Clic here to read the story from its source.