Financial Times FT.com

West failing to curb bribery overseas

By Hugh Williamson in Berlin

Published: September 25 2006 18:05 | Last updated: September 25 2006 18:05

Many western companies have cleaned up their act on corruption at home but have yet to curb their bribe-paying in poor nations, the largest survey on illicit corporate payments will show next week.

While such “clear double standards” damage the reputation of international business, the survey also finds that companies from Russia, China, India and Brazil are most prone to paying bribes, both at home and abroad, to get contracts.

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