UK firms need to be more outspoken over bribery
28 August 2012
UK businesses have been urged to press the government to bolster its anti-corruption legislation by prosecuting more British companies suspected of foreign bribery practises.
The Anti-Terrorism Act, which came into force in 2002, aimed to make it easier to prosecute British companies for overseas corruption, including controversial facilitation payments to foreign government officials to speed services such the processing of contracts.
But only four allegations have been made to the National Criminal Intelligence Service, and only...