Fine for bribery

06 April 2016

A PLC is reported to have become the first UK company to be convicted for failing to prevent bribery, but what was the penalty?

A PLC is reported to have become the first UK company to be convicted for failing to prevent bribery. The penalty? The business was ordered to pay £2.25m.

It goes to show that the Bribery Act is alive and kicking. If you haven’t already got in place good policies and procedures designed to prevent breaches, now’s the time. And make sure that they extend to all parts of your business, including those that are based outside the UK.

 


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