Thailand Businesses Worried Over Bribery Criminalization Bid

by admin on April 28, 2014

The Bangkok Post has reported that local companies’ concerns over being placed at a disadvantage are an important factor stopping Thailand’s efforts to fights corruption according to the National Anti-Corruption Commission (NACC).

Thailand plans to make bribing foreign public officials a criminal offence as a part of its anti-corruption strategy, but a preliminary NACC-funded study shows local firms believe this would affect them in a negative manner.

Chaninat & Leeds Attorneys specialize in Thai and international criminal defense law 

If Thailand adopts the OECD, Thai companies may incur a greater risk of being penalized for bribing foreign officials.

Read the full story here 

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