Employers in the UK who negligently fail to prevent bribery by their employees or agents could face up to 10 years in prison under a new law proposed by the Law Commission today, reports Out-Law.com.
The Law Commission recommends that it should be an offence for a company "negligently to fail to prevent bribery where someone (A) performing services on that organisation’s behalf bribes another person, the bribe was in connection with the business of that organisation, and someone (other than A) connected with or employed by the organisation, who has responsibility for preventing bribery, negligently fails to prevent A bribing the other person."
"We recommend that it should be possible to hold directors, managers, secretaries or similar officers of a body corporate individually liable if they consent to or connive at the commission of bribery by the body corporate," said the Law Commission.
Full story at:
http://www.out-law.com/page-9613
