Monday 3rd June, 2013

News that the bribery laws introduced in 2011 may be relaxed has caused concern and confusion. The laws were intended to promote a transparent method of working, free from corruption and were deliberately kept flexible in order to prevent any undue stifling of business activity.

However, with the continued strains on the economic environment, the Government is looking to find ways to stimulate the flagging economy. A relaxation of the bribery laws is seen as a way to remove what some see as an unnecessary obstacle. However, others feel that a relaxation of a law designed to discourage corruption and fraud will in fact, only serve to send out the wrong message.