India worst offender in bribing businesses’

[Salahuddin]

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BRUSSELS, Belgium: Anti-corruption advocates on Wednesday called on the governments of India, China and Russia to do more to stop their multinational companies from bribing when doing business abroad.

A survey of 30 of the world’s leading exporting countries ranked the three countries at the bottom, with India the worst offender. Switzerland topped the ranking of the Bribe Payers Index 2006.

Officials from the anti-corruption group Transparency International urged the governments of the three fast emerging economies to take a more active role in cleaning up the business practices of their companies.

“Our advice to these countries is to give themselves the legislation that would allow them to prosecute their own state-owned enterprises or their own companies,� said Transparency International Chair Huguette Labelle.

“But also that we work with these enterprises and companies to help them to ensure that they do not bribe, to help them develop their own codes of conduct, their own practices and ways of doing business that excludes bribing.�



http://www.thenews.com.pk/top_story_detail.asp?Id=3453

[Bull]

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No surprise,with the state of affairs of the babus in India,they have been trained well to give bribes.