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Governments slack in fighting corruption: OECD

Only 5 of 38 countries signing OECD Anti-Bribery Convention had sanctioned individuals or cos last year.

Paris: Most countries committed to an
anti-corruption standard did not take action against any
companies or people last year, the OECD complained on Wednesday,
saying it is time they got serious.

"The US and Germany continue to set the benchmark in
the fight against corruption that more countries must follow,"
OECD secretary general Angel Gurria said. "It`s encouraging
that France, Switzerland and the UK were active last year in
sanctioning bribery."

The Organisation for Economic Cooperation and
Development said in a statement: "Most governments are not
meeting their international commitments to clamp down on
bribery and corruption in international business."

Only five of the 38 countries which had signed the
OECD Anti-Bribery Convention had "sanctioned individuals or
companies in the past year," it said.

However, 260 investigations were under way.

The OECD said that since the convention came into
force in 1999, action for committing bribery abroad had been
taken against 199 individuals and 91 companies, but most of
the 38 countries had yet to "sanction any individual or

Gurria said that "despite some progress in the past
year, we need to see clearer signs that all countries are
committing the political leadership and resources that
effective enforcement requires."

The programme put pressure on non-signatory countries
China, India, Indonesia, Russia and Saudi Arabia to cooperate.

Russia applied in February 2009 to join the convention
and China made foreign bribery a crime in February this

Bureau Report

From Zee News

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