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  31 August 2010
 
Raise Country Risk for Afghanistan by Kenneth Rijock
 
 

The consistent refusal of the Afghan government to prosecute corruption cases involving officials at the ministerial and cabinet levels, which was demonstrated this week when that country's president sacked a senior corruption prosecutor, has resulted in runaway corruption that poses a clear and present danger to any Western business that is operating in Afghanistan. Increased anti-corruption enforcement, whether it be the FCPA in the United States, or the Anti-Bribery Law in the UK, creates the risk that the actions of a foreign agent will incriminate the parent company or entity. When too many hands are outstretched for bribes or kickbacks, sooner or later, someone in legal trouble implicates the company that they were supposed to be serving in an ethical manner. Has doing business in Afghanistan has now become an ultra hazardous activity ?

For further reading, please visit: http://www.world-check.com/articles/2010/08/31/raise-country-risk-afghanistan/
 
For more information on the author please click on the following link: http://www.world-check.com/kennethrijock/

 


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