Matteson Ellis Comments on Corruption Risks in Procurement Processes in The FCPA Report

"Detecting and Mitigating Corruption Risk When Participating in Public Procurements: Understanding the Procurement Process (Part One of Two)"
The FCPA Report
05.14.15Matteson Ellis commented on corruption risks when participating in public procurement processes. Procurement processes vary widely by country and within countries and have inherent corruption risks. "Different government bodies have differing ways of procuring goods and services," Ellis said. Many countries require transparency during the bidding process, however this does not eliminate risk. There are often large sums of public money involved, he said, and in these processes, often "government officials have a lot of discretion and leeway. No matter how many rules there are, at the end of the day, there are individuals making decisions about goods and services."
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