ABSTRACT
The media often carry news items of alleged transnational corruption involving huge corporations and public officials in the host country. Tackling corruption has now taken centre stage on the policy-making agenda of influential international economic institutions, such as the World Bank and the International Monetary Fund. The result is a plethora of regional and international criminal law conventions against corruption indicated by the list: Organisation for Economic Cooperation and Development Convention on Combating Bribery of Foreign Public Officials in International Business Transactions 1997. Corruption is a complex concept that is affected by linguistic usage, ethical perspectives and cultural nuances. The Organisation for Economic Co-operation and Development Convention expects contracting states to put in place measures in accordance with its legal principles as to the liability of legal persons. The United Nations Convention against Corruption, like the other anti-corruption conventions, is highly likely to suffer from an enforcement deficit.
