Tuesday, November 8, 2011

Desi companies paying lesser bribes?

When it comes to companies bribing public officials when doing business overseas, India's score with 7.5 points is 19th, while China (6.5 points) and Russia (6.1 points) fared the worst at the 27th and 28th positions in ranking respectively. In this year's list, the Netherlands and Switzerland have been ranked together on top with 8.8 points each - indicating that companies from these countries were the least likely to pay a bribe while doing business abroad.. "Bribing public officials when doing business abroad is a regular occurrence," Transparency International admits.


It seems bribery is an essential ingredient of overseas business in most of the countries!

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