Earlier this year, two senior executives frustrated with the high customs duties imposed on their imports into Haiti took matters into their own hands. They paid off a few Haitian officials.
Building a State-of-the-Art Anti-Bribery Program
Anti-bribery laws have serious consequences for anyone doing business internationally. Violations come to light during routine M&A due diligence, when competitors complain or employees blow the whistle, or when companies voluntarily disclose as a part of their Sarbanes-Oxley reporting obligations. When they do come to light, strong internal controls may shield executives from some liability and restore confidence amongst shareholders and regulators.
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