TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

(Anti) Corruption in China’s Belt and Road Initiative

(Anti) Corruption in China’s Belt and Road Initiative The data show 83 FCPA cases involving conduct in China — more than any other country by far, although it turns out all the cases involved multinational corporations operating in China. (JP/Wienda Parwitasari)
Christine Susanna Tjhin (The Jakarta Post)
PREMIUM
Jakarta   ●   Fri, October 11, 2019

Early this year, Laode Syarif, the deputy chief of the Corruption Eradication Commission (KPK), asked the government to be careful with investments from China, citing data from the United States Department of Justice on enforcement of the Foreign Corrupt Practices Act (FCPA).

The data show 83 FCPA cases involving conduct in China — more than any other country by far, although it turns out all the cases involved multinational corporations operating in China.

“If a European or American investor gets caught bribing officials in a foreign country, they will be punished back home. That doesn’t happen in China, or in Indonesia,” Laode said.

to Read Full Story

SUBSCRIBE NOW

Starting from IDR 55,500/month

  • Unlimited access to our web and app content
  • e-Post daily digital newspaper
  • No advertisements, no interruptions
  • Privileged access to our events and programs
  • Subscription to our newsletters

We accept

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.