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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › bribery
Which of the following statements in relation to the offence of bribery is correct?
A Bribery is a tort
B Bribery can only be committed in the UK
C It is an offence for a corporation to fail to prevent bribery
1. The answer is C
2. Could you explain how this is an offence? If the organisation has put adequate procedure to prevent bribery, it is still liable?
A company is legally obliged to institute systems to protect their employees from the temptation of giving or receiving bribes
If an employee is found to have committed a relevant act, the employer is potentially liable for failure to institute those safeguards
Bribery is certainly not a tort! It’s a crime
And the Bribery Act applies to all English corporate entities and their officers and employees
OK?
