FUNDAMENTALS OF ANTI-BRIBERY AND ANTI-CORRUPTION COMPLIANCE IN SOUTH AFRICA, PP. 193 - 210
Corruption is endemic in jurisdictions throughout the world. The financial and reputational risks that follow incidents of corrupt activity within an organisation are considerable. Often they can be quite severe. The financial consequences include not only the loss that an organisation may suffer from corrupt activity, but also the money that needs to be spent investigating these type of incidents as well as that required for any ensuing legal processes.