Bribe money talks

Posted on 4 Aug 2011 by The Manufacturer

The manufacturing sector is highly vulnerable to corruption, both in the UK and abroad. Although the Bribery Act was returned to the legislative pan in April to burn off the additional fat considered too burdensome for UK businesses, as of July 1, the act is in full force. UK businesses must ensure their corruption prevention policies are fit for purpose and, as Tim Brown reports, the weight of compliance is considerable.

While the timing of the Bribery Act’s introduction and the scandal relating to alleged payments to Metropolitan Police officers by the News of the World seems uncanny, it is unlikely that the Act will claim its first scalp during that particular investigation. The allegations predate the Bribery Act and the investigation, titled Operation Elvedon, is…

This content is for subscribers only. Subscribe now for free to read the full article.