05 August 2009

Trends In Bribery

I’ve been having fun with Craig Murray of late. I pulled him up for attacking our winning candidate in Norwich North - Chloe Smith – on the grounds that she had worked for Deloitte. He reacted in characteristically over-the-top style to this criticism, with an extra-ordinary post on his blog where he accused auditors of bribing the Tories. Having said all I need to say to Craig (and I think it’s safe to say that nobody who is involved with running our financial system will be consulting him) it made me go away and have a closer look at bribery and bribery law.

And the news is this. This Autumn, from the government which didn’t bring you an investigation into BAe, expect new legislation relating to the giving and receiving of bribes. In addition to reforming legislation related to these criminal activities, a new corporate liability offence of "negligently failing to prevent bribery" will be introduced. As a risk management professional, I am grateful for this extra offence as the enhanced requirements on companies that ensue is good for my trade. Draft bill here.

5 comments:

Andrew Norris said...

Well, it's good to see bribery being taken care of, now let's see if Craig Murray and his colleagues actually bother to obey it.

By the way, I've just set up a Yahoo site for any conservatives in the West Midlands. Have a look at:

http://groups.yahoo.com/group/wmtory

Praguetory said...

Mail me at praguetory@gmail.com. We should talk.

Armchair Sceptic said...

But how does it stop Labour councillors - not that there are many left - from, allegedly, taking money in brown (not Brown) envelopes to approve planning applications etc?

Cold said...

Good to see that former Ambassador Murray is being taken care of.

However ... if we're talking about people being slagged off for being ex-Deloitte employees -- surely that discounts you and me, eh, PT?

Carl said...

"and I think it’s safe to say that nobody who is involved with running our financial system will be consulting him"

perhaps they should consult the local nursery school then, because to date they have made such a fucking mess of it that a bit of a chat with a three-year-old wouldn't go amiss...