United Kingdom: Bribery and Corruption: an Impending Doom on Investments

Bribery and corruption are a form of abuse of the economy’s progress. It has far-reaching consequences that hinder the development of individuals, businesses and the nation.

The impact of corruption and bribery go beyond discernment and can lead to financial losses, withdrawal of investors, dissuasion of shareholders, the perpetuation of fraud, reputational damages, business inefficiency and numerous other factors that deter economic growth.

Business leaders have constantly been aspiring to bring their businesses to greater heights. A resilient foundation needs to be created. Every aspect of their work is accounted for, each part of their operations is monitored, and all procedures and processes are rationalised.

This article was originally published at lexology.com

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