Media advisory: Foreign bribery goes unpunished by most big exporters

Issued by Transparency International Secretariat



Berlin, 10 September 2018 – Most of the world’s most powerful export markets are failing to punish corporations paying bribes overseas, according to a new report from Transparency International to be released on 12 September 2018.

Exporting Corruption 2018: Assessing Enforcement of the OECD Anti-Bribery Convention rates 40 countries that are signatories to the convention on how actively they fulfill their obligation to investigate, prosecute and punish companies who bribe officials in foreign countries.

For the first time, this year’s report also evaluates China, the world’s biggest exporter, and India, Singapore and Hong Kong, sizable export markets which are not signatories to the OECD Convention but are parties to the UN Convention against Corruption. 

The countries and territories reviewed are responsible for more than 80 per cent of world exports.

Exporting Corruption 2018 reveals that an alarming proportion of world trade occurs in a consequence-free environment for foreign bribery and makes specific recommendations to governments and the international community for improving enforcement.

As well as country reports, the report features cases studies on five companies operating in the sectors of aerospace, construction, mining and oil: Airbus, Odebrecht, Rio Tinto, SBM Offshore and Sinopec. The Rio Tinto case study also references China Sonangol and China International Fund.

The report will be available at www.transparency.orgon Wednesday, 12 September 2018 at 01:01am Berlin time (CET).

Please contact us for an embargoed copy of the report or to set up an interview in advance. 


For any press enquiries please contact

Transparency International Press Office
Tel: +49 30 34 38 20 666
.(JavaScript must be enabled to view this email address)

Latest

Support Transparency International

Foreign bribery rages unchecked in over half of global trade

There are many losers and few winners when companies bribe foreign public officials to win lucrative overseas contracts. In prioritising profits over principles, governments in most major exporting countries fail to prosecute companies flouting laws criminalising foreign bribery.

Ensuring that climate funds reach those in need

As climate change creates huge ecological and economic damage, more and more money is being given to at-risk countries to help them prevent it and adapt to its effects. But poorly governed climate finance can be diverted into private bank accounts and vanity projects, often leading to damaging effects.

Is Hungary’s assault on the rule of law fuelling corruption?

In June 2018, Hungary’s parliament passed a series of laws that criminalise any individual or group that offers help to an illegal immigrant. The laws continued worrying trends in the public arena that began with the rise to power of the Fidesz party in 2010. What are these trends, and what do they mean for the fight against corruption and the rule of law in Hungary?

Will the G20 deliver on anti-corruption in 2018?

This week, activists from civil society organisations all over the world gathered in Buenos Aires, Argentina for the sixth annual Civil 20 (C20) summit.

Returning Nigerians’ stolen millions

The stakes are high in the planned distribution of $322 million in stolen Nigerian public money.

Three priorities at the Open Government Partnership summit

Transparency International has been at the Open Government Partnership's global summit in Tbilisi, Georgia, pushing for action in three key areas.

Civil society’s crucial role in sustainable development

Key players in the development community are meeting in New York for the main United Nations conference on sustainable development, the High-Level Political Forum (HLPF). Transparency International is there to highlight how corruption obstructs development and report on how effectively countries are tackling this issue.

Social Media

Follow us on Social Media