Thursday, November 3, 2011

Russia And China Are Most Likely To Pay Bribes

Russian And Chinese Companies 'Most Likely To Bribe' -- BBC

Companies from Russia and China are most likely to pay bribes when doing business abroad, a survey suggests.

The two scored worst out of 28 countries in a poll of 3,000 business executives conducted by anti-corruption group Transparency International (TI).

The Netherlands and Switzerland came top, while the UK ranked eighth, just ahead of the US and France.

Bribery was reportedly most common to win public sector works and construction contracts.

Read more ....

My Comment: Having done business in both China and Russia .... I am not surprise by their placement. To read the report, go here.

No comments: