U.K., 32 other countries are root cause of corruption

by truthcaster | July 17, 2009 at 10:16 pm

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Bribery in foreign countries can be traced to the failure of rich states to crack down on bribery, which threatens the fight against corruption.

Last year, the OECD criticised Britain for failing to address gaps in its anti-bribery laws and said it could have done more to probe allegations of corruption in arms deals with Saudi Arabia.

Mark Pieth, chairman of the OECD's working group on bribery in international business deals, said on Tuesday that fighting bribery in the defence sector was particularly difficult because of secrecy and national safety issues.

In July 2009, news came out that a British construction company admitted it was involved in corruption in foreign lands.

Mabey & Johnson's corruption confession could lead to more SFO investigations A British bridge construction company has made legal history by admitting in court it was involved in overseas corruption and breaching UN sanctions.

The Serious Fraud Office's successful prosecution could now lead to it pursuing other companies suspected of committing fraud overseas, say legal experts.

Mabey & Johnson, based in Reading, indicated in a preliminary hearing at Westminster Magistrates Court that it would plead guilty to 10 charges of corruption and violating sanctions.