The OECD's working group against bribery in international business transactions is directing harsh criticism at Sweden's efforts to handle foreign bribery cases, particularly regarding court cases linked to Swedish business, writes Dagens Industri.
Among other things, the OECD points out that no one was convicted in the Teliaskandalen in Uzbekistan, or Ericsson's dealings in Djibouti.
"Sweden's inadequate measures leave companies unpunished for bribery," writes the OECD.
In the report, the OECD notes that Sweden has never punished any company for foreign bribery or a related crime since the anti-corruption convention came into force 25 years ago, despite foreign authorities imposing sanctions on several major Swedish companies.
The collaborative organization believes that Sweden still does not fulfill the anti-corruption convention with its accompanying recommendations, despite Sweden signing it as early as 1999.
