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The effectiveness of the international anti-corruption legal framework in the context and practice of Colombia
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The effectiveness of the international anti-corruption legal framework in the context and practice of Colombia
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Journal Article
The effectiveness of the international anti-corruption legal framework in the context and practice of Colombia
2020
Overview
Purpose
This study aims to investigate the impact of the enforcement of the international anti-bribery legal framework in developing countries.
Design/methodology/approach
It uses the PetroTiger case to examine the effects of foreign bribery prosecutions in Colombia, from a bribe-receivers perspective. PetroTiger is a USA-based company that was prosecuted for bribing public officials in Colombia. As a result, the public officials involved were also prosecuted in Colombia for receiving bribes. This case serves to illustrate how international anti-bribery law operates in practice and how it impacts Colombian law enforcement institutions and their capacity to prosecute bribe-receivers. The Colombian response to the international anti-corruption framework is examined in this study through the review of legislative efforts taken to address the problems of bribery and corruption in public procurement.
Findings
This study finds that enforcement of foreign bribery laws raise awareness of the situation of corruption in developing countries, generate parallel prosecutions of individuals at the receiving end of bribes and helps developing countries to develop technical expertise to fight corruption.
Practical implications
In practice, due to the transnational nature of foreign bribery, without international agreements, this type of corruption in international business would seldom lead to prosecution. Although the effectiveness of the enforcement of international anti-corruption law is debated, in reality, prosecutions of foreign bribery by developed countries have more positive than negative implications for developing countries.
Social implications
Assist to continue efforts to deter corruption.
Originality/value
No many studies have looked at the effectiveness of anti-corruption international law in developing countries. As indicated by Mr. Moulette Patrick head of Anti-Corruption Division at organisation for economic co-operation and development more research on the effectiveness of the UN enacted Convention against Corruption, which is what this paper does.
Publisher
Emerald Publishing Limited,Emerald Group Publishing Limited
Subject
