oecd-foreign-bribery-report

OECD Foreign Bribery Report

OECD Foreign Bribery Report
An Analysis of the Crime of Bribery of Foreign Public Officials

This material is made available on December 0, 2014. It is mainly based on analysis of information coming from all foreign bribery enforcement activities in various countries since the OECD Anti-Bribery Convention in 1999 entered into force.

The following are some of the interesting features of the report:

53% – This is the estimated number of corporate management or the corporate executive officers involved in corruption and bribery related cases.

1 in 3 – This is an interesting number since it refers to the cases reported or instigated by an individual (self-reporting).

57% – This is the estimated percentage of cases that involved bribery to obtain public procurement contracts by individuals or companies.

2% – This refers to the cases that were instigated by internal whistleblowers.

75% – Refers to the percentage of cases that involve bribery and other form of corrupt practices through intermediaries

80 – The number that refers to individuals who were jailed after being tried and convicted of a foreign bribery case.

261 – This refers to the fines imposed on individuals and companies that were prosecuted and punished for their wrongdoings.

69% – This refers to the percentage of cases that have been settle with sanctions

390 – These are the numbers of investigations that are being conducted in 24 among the 41 parties to the OECD Anti-Bribery Convention

7.3 years – This is the average duration of foreign bribery cases achieved in 2013
15 Years – Refers to the longest time taken to reach a final sentence in a foreign bribery case

149 US Dollars – Refers to the amount of money in US dollars forfeited by an individual in a foreign bribery case

31% – Refers to the percentage of defendants who volunteered to report to law enforces their involvement in foreign bribery cases.

43.7 Million US dollars – This is the total amount ordered to compensate in foreign bribery cases.

1.8 Billion EURO – This refers to the highest amount in combined monetary sanctions imposed in a foreign bribery case.

80.11% – This is the percentage of total bribes that were promised, being offered or given to some officials in foreign bribery cases

Read more about the OECD Foreign Bribery Report 2014 here:
http://bit.ly/1pMwNst