Indonesia - Indonesia businesses 4th most likely to bribe: Transparency International

Berlin-based Transparency International has ranked Indonesia fourth on the list of countries whose businesses are most likely to pay bribes abroad, after Russia, China and Mexico.

Transparency released on Wednesday its 2011 Bribe Payers Index, which ranks 28 leading international and regional exporting countries by the likelihood of their firms to bribe abroad.

"Companies from Russia and China, who invested US$120 billion overseas in 2010, are seen as most likely to pay bribes abroad. Companies from the Netherlands and Switzerland are seen as least likely to bribe," Transparency said in a press statement sent to The Jakarta Post.

The index was based on a survey involving 3,000 business executives from developed and developing countries.

The scores are based on the business executives' responses when asked how often firms, with which they have a business relationship, from a given country engage in bribery. Score 0 means they always bribe, 10 means they never do.

The Netherlands, Switzerland, Belgium, Germany and Japan are the top five countries that collected the highest scores, scoring 8.8, 8.8, 8.7, 8.6 and 8.6, respectively.

The United Arab Emirates, Indonesia, Mexico, China and Russia, meanwhile, are the bottom five, scoring 7.3, 7.1, 7.0, 6.5 and 6.1, respectively.

The average score of the 28 countries surveyed is 7.8.

The survey also concludes that the public works and construction sector is the most prone to bribery, and agriculture and light manufacturing the least, from a total of 19 sectors surveyed.

Erwida Maulia in Jakarta/The Jakarta Post | ANN

Business & Investment Opportunities

YourVietnamExpert is a division of Saigon Business Corporation Pte Ltd, Incorporated in Singapore since 1994. As Your Business Companion, we propose a range of services in Consulting, Investment and Management, focusing three main economic sectors: International PR; Healthcare & Wellness;and Tourism & Hospitality. We also propose Higher Education, as a bridge between educational structures and industries, by supporting international programs. Sign up with twitter to get news updates with @SaigonBusinessC. Thanks.