The Viewpoint - Issues relating to bribery and corruption in MampA transactions A legal insightFebruary 22 2012
The anti corruption movement is perhaps the most enduring symbol of the year 2011 in India, and is likely to dominate popular dialogue for the years to come. Although the connection between corruption and mergers and acquisitions is not an immediate and obvious one, in cross-border deals, it assume significance partly owing to the vigorous enforcement of the Foreign Corrupt Practices Act, 1977 by the US Department of Justice in the recent years and the enactment by the UK Government of the Bribery Act, 2010 reportedly the strictest anti-bribery legislation till date.
It is a widespread perception that . . .
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