E-government to business (G2B) such as e-procurement, e-tax filing and e-sourcing are often cited as being useful to reduce interface between companies and government officials and thus the scope for discretionary decisions, thereby diminishing the opportunities for bribery.
Entries in Ghana (20)
One of the world's biggest gold miners said in a securities filing Wednesday it is investigating some business activities in countries outside the United States.
Kinross Gold Corp. said in a statement Friday that it is under investigation for corruption in West Africa by the U.S. Securities and Exchange Commission and the Justice Department.
Smith and Ouzman Ltd and two of its executives were convicted Monday in London's Southwark Crown Court after a Serious Fraud Office prosecution of corrupt payments to win business for the company.
Last month, the DOJ's Leslie Caldwell, described the fight against corruption as “a necessary enforcement action to protect our own national security interests and the ability of our U.S. companies to compete on a global scale.” These comments not only apply to FCPA enforcement but also highlight the long-recognized notion that corruption can threaten peace and security. Today, the threat posed by corruption to security is especially relevant to Africa and the Middle East.
Ghana has rewritten some of the agreements it uses with oil and gas companies, requiring them to certify compliance with the FCPA, the Bribery Act, and the OECD anti-bribery convention.
The UK Serious Fraud Office charged a specialty printing company and four individuals, including the firm's former chairman, with paying more than £400,000 in bribes in Africa.
FCPA Blog-sponsor AlixPartners teamed with Dentons to survey multinational companies about their current and future business objectives in Africa.
Countries rich in natural resources are often corrupt, or so it seems.
The U.K. Serious Fraud Office said yesterday that two former directors and a sales manager of bride-building firm Mabey & Johnson Ltd were sentenced for paying kickbacks to the Iraqi government of Saddam Hussein.