An Analysis of the Crime of Bribery of Foreign Public Officials
December 02, 2014
Now that foreign bribery is illegal in many countries, the even greater challenge is to effectively investigate and prosecute this crime when it occurs. Often involving a series of offshore transactions, multiple intermediaries, complex corporate structures and evidence located abroad, successfully detecting, investigating and sanctioning foreign bribery requires expertise, time and co-operation.
The OECD Foreign Bribery Report, allows us to better understand the ‘who, what, where, why, and how’ of foreign bribery. It goes against some of our preconceived notions about this crime. For the first time, this report measures and describes transnational corruption with reference to actual cases, rather than with statistics derived from econometrics, perception surveys or unsubstantiated allegations.
It aims to assist the OECD Working Group on Bribery and the G20 Anti-Corruption Working Group in their efforts to combat transnational corruption. The analysis will also enable governments, companies and civil society to better understand and combat this insidious crime.