Bribes make the world go 'round
Aggregated Source: Simon World
October 8, 2006|
The SCMP was busy on the weekend telling the world how Hong Kong was the safest city in the world, based on some UN report that clearly takes into account the influence of having the best organised crime organisations in the world. But curiously today they bury an interesting bit in the News Briefs section:
Seventy-six per cent of Hong Kong firms said they had lost business in the past five years because a competitor had paid a bribe - making the city the worst-affected place for bribery of seven places in a survey of senior businesspeople. The International Attitudes to Corruption Report, conducted by consultancy Control Risks and law firm Simmons and Simmons, was released yesterday.What about the other 24%?
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