Your company is operating in overseas markets where bribing officials is part of the game. Basically, you can't get a project done in that country without bribing officials. If you don't bribe, you are out of the markets. Your competitors are doing it, directly or through third parties ("local investors"). Bribery is a criminal offense in that country, although mostly ignored. It is against the official policies of your company, and may be criminally prosecuted in the country of establishment of your company, although rather mildly. Business managers eager to get a deal are pushing you very hard to help them setting up a scheme with third party-investors, consulting services agreements, and other similar devices to "get the job done". It is indeed possible to make some legal window-dressing, but basically it is all about bribing officials.
How do you feel about the situation?
What do you do?
Antoine Henry de Frahan
Comments