OECD criticises lack of action on foreign bribery


Issue 274 - 28 Mar 2014 | 2 minute read
The Organisation for Economic Co-operation and Development (OECD) Working Group on Bribery released its Phase 3 report on South Africa in mid-March. The report evaluates and makes recommendations on implementation and enforcement of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments. The OECD said it was “seriously concerned” by the lack of foreign bribery enforcement actions in South Africa. “Despite South Africa’s economic links to a number of countries with corruption risks, only ten foreign bribery allegations have surfaced since it became a party to the Convention in 2007,” the OECD said.

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