OECD Paper Sheds Light on Zuma Trial |
Publication |
Business Report |
Date | 2008-01-17 |
Reporter | Ethel Hazelhurst |
Web Link | www.busrep.co.za |
Johannesburg - A document released this week by the Organisation for
Economic Co-operation and Development (OECD) highlights issues to be raised in
the trial of ANC president Jacob Zuma.
Zuma will face 18 charges, including one of corruption relating to the
controversial 1999 arms deal, when his trial starts in August.
In a consultation paper, the OECD reviews attempts by member countries to combat
corruption of foreign public officials since its anticorruption convention was
signed more than 10 years ago.
The organisation discusses the criminalisation of this type of bribery which,
until 10 years ago, was seen as a normal part of business.
"These activities were even encouraged indirectly by the availability of tax
breaks for bribes in many countries," says the paper.
''However, all 37 signatories to the convention [which include non-OECD
countries such as South Africa] have now criminalised bribery and disallowed tax
deductions for bribery."
Relevant legislation was introduced in September 2000. France - home to arms
dealer Thales, whose South African units, Thint and Thint Holdings (formerly
Thomson-CSF Holdings), figured prominently in the trial of Zuma's financial
adviser, Schabir Shaik, who was convicted of corruption and fraud in 2005.
Thales may not be the only foreign firm to find itself in trouble. However, many
deals took place before the legislation came into force in the OECD countries.
Former ANC parliamentary whip Tony Yengeni was convicted in 2003 for receiving a
large discount on a luxury car from DaimlerChrysler, which was bidding for an
arms deal contract.
With
acknowledgements to Ethel Hazelhurst and
Business Report.