ECAs and corruption

A. UK Government willing to break international law to squash BAE investigation
  A. UK Government willing to break international law to squash BAE investigation
(ECA Watch, Paris, 31 July 2007) Although the OECD Convention on bribery is binding, the UK Government states that it was prepared to break the OECD Anti-Bribery Convention in order to terminate the Serious Fraud Office inquiry into BAE’s dealings in Saudi Arabia. In addition, the UK claims that Article 5 of the Convention is not justiciable in the UK, a statement that blatantly conflicts with assurances made by the Government to the OECD during its 2005 Phase 2 Review of the UK's application of the OECD Anti-Bribery Convention.
  B. ECA Watch requests action re bribery peer review by ECG
(ECA Watch, Paris, 31 July 2007) ECA Watch has yet to receive a reply from the Export Credit Working Group to our 18 June 2007 letter asking about its plans to undertake a peer review of the ECGD's effort to increase due diligence in the wake of the BAE scandal, as required by the OECD Recommendation to deter bribery in officially supported export credits.