3rd Annual Anti-Corruption Compliance

Protecting Directors, Officers & Employees in the New Era of Enforcement

Banking, Finance, Investing, Accounting, Law & Legal Services

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“A Canadian businessman ‘targeted’ prominent Indian officials with $450,000 U.S. in bribes in a failed bid-rigging plot to win an airline security contract, an Ottawa judge ruled Thursday. … [This] is the first person convicted under Canada’s foreign anti-corruption law ….The conviction can carry a sentence of up to 14 years in prison.”

Between the Charbonneau Commission and news stories like the one quoted above, Canadians are currently inundated with news about companies that have been caught up in corrupt practices either abroad or inside Canada.

While some of the problems in Québec appear to be the result of pervasive infiltration of public contracting by organized crime, that’s certainly not always the case. Some of the companies prosecuted have found problems that were entirely created by previous owners or rogue contractors overseas.