pg. 14: a new global multi-stakeholder partnership to scale the “supply side” (i.e., business) commitment to a zero tolerance policy with respect to bribery [bold in original] as a complement to official “demand side” efforts by governments to strengthen policy in this respect.
Readers' Guide Comment on “a new global multi-stakeholder partnership to scale the ‘supply side’ (i.e., business) commitment to a zero tolerance policy with respect to bribery”
Government officials who have accepted a bribe can be legally sanctioned and imprisoned for corruption under international and national agreements. During the negotiations for the UN Convention Against Corruption, there were draft provisions that extended the scope of the convention to the ‘supply side’ and to intra-firm transactions. At the insistence of MNCs and OECD representatives, these provisions were dropped. WEF’s call for a “commitment to zero tolerance policy with respect to bribery” means it too is not prepared to hold the source of the bribery, most often executives within a MNC, to the same criminal sanctions as those that apply to the recipient, most often governmental officials.
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