Liberal Democrats in Business

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Government Must Tighten UK Corruption Laws - Lord Chidgey

1.19.00pm BST (GMT +0100) Tue 12th Jun 2007

The Liberal Democrats have called on the Government to support the Corruption Bill, which receives its Third Reading in the House of Lords today [Wednesday]. The Bill aims to tighten the laws on British companies operating abroad, following criticism of current rules by the OECD.

Commenting on his Bill, Lord (David) Chidgey said:

"This Bill is vitally important to rebuilding Britain's reputation in the international community.

"The Government must take the same strong line against corruption that we expect from developing countries.

"The recent revelations surrounding BAE's deals with Saudi Arabia show just how weak our laws are.

"The UK is currently a laughing stock within the OECD. The Government should throw its weight behind this Bill to improve our current standing in the international community."

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