Top-Managers, Politicians Authorize Nearly Half Foreign Bribery Cases: OECD

Two-thirds of the foreign bribery cases occurred in four sectors: extractive, construction, transportation and storage, and information and communication, the OECD Foreign Bribery Report states.

MOSCOW, December 2 (Sputnik) — Senior-managers and politicians are largely aware of international bribes, particularly those paid to win contracts from state-controlled companies, an analysis focusing on bribery of foreign public officials published by the OECD Tuesday stated.

"In 41% of cases management-level employees paid or authorised the bribe, whereas the company CEO was involved in 12% of cases. In one case, a congressman was convicted of conspiracy to bribe foreign public officials," the OECD Foreign Bribery Report stated.

"Two-thirds of the foreign bribery cases occurred in four sectors: extractive (19%); construction (15%); transportation and storage (15%); and information and communication (10%)," the report read.

According to the report, almost 50 percent of foreign bribery cases happen in countries with high human development levels.

The report is based on the analysis of the data contained in enforcement actions against 263 individuals and 164 entities charged with foreign bribery. The report gives preliminary conclusions about the existing trends in foreign bribery offenses, which are planned to be used in avoiding this problem when writing future policy.