Anti-bribery and corruption (ABC) is a high priority for compliance professionals in all businesses, indeed all areas of life. We have witnessed the “Feds Indict Footballing Aristocracy” within the investigation of the institutional bribery and corruption practices routinely applied by FIFA.
In Latvia, the former Governor of the Central Bank is being prosecuted for taking bribes from banks engaged in laundering money. The fact is money talks, and a lot of money makes a lot of noise. In addition, it is undoubtedly powerful, persuasive, and to some people, attractive.
