A delegation from the Kurdistan Regional Government participated in the 3rd Middle East Summit on Anti-Corruption. The conference was a platform for senior-level executives in both public and private sectors to discuss strategies for minimizing bribery risks in the Middle East and implementing an effective and risk-based global compliance program.
Ms Nisar Talabany, Senior Adviser to Prime Minister Barham Salih, described the Kurdistan Regional Government’s (KRG) Anti-Corruption efforts and gave an overview of the KRG’s reform initiatives to minimise bribery risks in public-private partnerships. She said, “We assured the senior executives who are working to combat this grave issue that the KRG is part of the global movement against corruption, and our leaders are firmly committed to this fight”.
In 2009, the KRG engaged PriceWaterhouseCoopers (PWC) to evaluate government procedures and devise a good governance and transparency strategy.
While the Arab Spring has given way to more transparency, bribery risks in the Middle East remain very real and complex. The dangers of third party agents and consultants and so-called “after-sales service fees”, complex civil service structures, and the utilization of various forms of “quasi-governmental” entities in business roles that blur public/private lines all increase exposure to liability under foreign and local bribery laws.