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.
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