Watchdog: Few states actively fighting corporate corruption

By The Associated Press | Posted - Aug. 20, 2015 at 2:40 a.m.



This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

BERLIN (AP) — An anti-corruption watchdog says only four of 41 countries that signed an anti-bribery convention 16 years ago are actively investigating and prosecuting companies that bribe foreign officials to win contracts, or dodge taxes and local laws.

Transparency International, which annually assesses compliance with the OECD anti-bribery convention, said Thursday that Germany, Switzerland, the United Kingdom and the United States are the only countries considered to be actively enforcing the agreement.

The organization says six countries are classified as having moderate enforcement, nine have limited enforcement, and the remaining 20 "are doing little or nothing." Two could not be measured.

The worst category includes six of the Group of 20 global economic powers: Argentina, Japan, Russia, Mexico, Brazil, and Turkey.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

The Associated Press

    SIGN UP FOR THE KSL.COM NEWSLETTER

    Catch up on the top news and features from KSL.com, sent weekly.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast