Degreasing palms

The United Nations is likely to ratify extensive anti-corruption legislation in December. But recent scandals at energy giants Elf and Statoil highlight the difficulties in stamping out bribery and corruption. By Joe Marsh

Bribery and corruption are as rife as ever, it seems. Even a company with areputation as strong as Statoil’s fell foul of bribery allegations in September(see box). And at the start of November, French courts finally delivered theirdamning verdict in the corruption trial of French former state-run oil companyElf.

Nevertheless, the United Nations (UN) expects to sign its Convention againstCorruption in December – the most wide-ranging of its type yet, says RichardShoylekov, an anti-corruption

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here