Lord Goldsmith | Indian firms need to be ready to tackle corruption
An interesting interview with a former UK attorney general, Lord Goldsmith who simplifies the new UK Bribery Act 2010, an anti-corruption law that gives prosecutors in the UK the power to investigate and arrest people anywhere in the world, including India. The Act also promises stiff penalties with the maximum sentence being 10 years in prison and an unlimited fine. He believes the provisions of the act can help other countries fighting corruption to find new answers on dealing with the issue....