SA slow to stop cross-border corruption - report
South Africa seems to be unwilling to investigate and prosecute cross-border corruption‚ despite being a signatory to the Organisation for Economic Co-operation and Development’s Anti-Bribery Convention. South African companies allegedly bribe foreign officials to secure contracts or licences and concessions‚ according to a report by Transparency International released on Thursday.The report‚ "Exporting Corruption"‚ assesses the 41 signatory countries’ commitment to the Convention‚ which aims to curb global corruption. These countries account for about two-thirds of the world’s exports.It found that in the past four years South Africa has not investigated any major bribery cases. There had‚ however‚ been a three-fold increase in the number of cases tackled in the last year when compared to the 2011 to 2013.David Lewis‚ the executive director of Corruption Watch‚ the local chapter of Transparency International‚ said: “While the increase in the number of investigations of allegations of foreign bribery is encouraging‚ in order to meet our commitments under the Convention we will have to see these investigations resulting in prosecutions and sanctions.”..
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