ARTICLE
9 November 2022

Anti-Bribery And Corruption In Defence Procurement: Risks And Mitigation Measures

BA
BTG Advaya

Contributor

BTG Legal is an Indian law firm with particular focus on: defence; industrials; digital business; energy (renewables and nuclear); retail; transport (railways and electric vehicles); and financial services. Practices include corporate transactions, commercial contracting, public procurement, private equity, regulatory compliance, employment, disputes and white-collar crime.
The defence sector the world over struggles to find a balance between the secrecy linked to national security considerations and transparent oversight/accountability.
India Criminal Law
To print this article, all you need is to be registered or login on Mondaq.com.

The defence sector the world over struggles to find a balance between the secrecy linked to national security considerations and transparent oversight/accountability. Complex technical and commercial deal structures, exacerbated by high value stakes, make the procurement process susceptible to influence peddling and corruption.

The Indian defence sector is no stranger to corruption-related procurement controversies. Corruption under Indian laws is benchmarked against the concept of "undue influence", which is interpreted widely and includes both monetary and non-monetary bribes/influence.

The Indian government has adopted a zero-tolerance policy against bribery, and any allegation will attract investigations against the accused.

To view the full article please click here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More