Rolls-Royce has launched a 24-hour "ethics hotline" for employees to report concerns about bribery. The company also promised to claw back any bonuses awarded to managers who are found to be involved in corruption.
Entries in Central Bureau of Investigation (4)
India has put on hold all existing and new deals with U.K.-based Rolls-Royce pending completion of an investigation into allegations of bribery.
India’s emergence as the largest importer of weapons in the world has coincided with well-intentioned efforts to clean up a procurement process with a history of bribery problems.
The conviction of an important Indian politician has some commentators speaking breathlessly of a renewed commitment to fight graft in India. If only it were true. In the land that invented chess, however, the only thing that has changed is the cost to play the game.