EACC CHAIRPERSON OPENS SENSITIZATION SEMINAR ON THE BRIBERY ACT 2016
23rd February, 2017 EACC Chair retired Archbishop Eliud Wabukala, today officially opened a sensitization seminar on the Bribery Act 2016 at which he renewed his commitment to implement the new law. The seminar, organized by the Kenya Association of Manufacturers (KMA), and the UN Global Compact Network Kenya, was aimed at sensitizing the business community to the new law so as to foster ethical business conduct. EACC Chairperson making his opening remarks during the sensitization seminar on the Bribery Act 2016 at Sarova Stanley Hotel Nairobi.
The Chairperson announced that he was planning to lead a team from the Judiciary, Office of the Director of Public Prosecutions and the Legal Affairs Committee of the National Assembly to the United Kingdom to get a better view of the implementation of the Bribery Act of UK, which Kenyas Bribery Act is modeled on.
Referring to a report titled The Business Case Against Corruption, compiled by the International Chamber of Commerce, Transparency International and the United Nations Global Compact, among other organizations, he noted that corruption adds up to 10% of the total cost of doing business and up to 25% to the total cost of procurement contracts in developing countries.
The report further showed that the cost of corruption equals more than 5% of the global GDP (US $ 2.6 trillion), with more than US $1 trillion being paid in bribes each year; This is a huge burden and loss to the many people trying to conduct genuine business, he told the business leaders, urging them to Ã¢â‚¬Å“create a level playing ground for all actors to ease the burden of conducting business for the welfare of the country. From Left: EACC Chair Rtd Archbishop Eliud Wabukula, Mr. Mohamed Nyaoga (senior partner Mohammed, Muigai & Co. Advocates), EACC Director of Legal Services Mr. David Too, and the Deputy Director Kenya Leadership and Integrity Forum (KLIF), Mr. Kairichi Marimba, follow proceedings during the sensitization seminar.
Various speakers drawn from both the private and public sectors who are tasked with the implementation of the new law, among them the Office of the Director of Public Prosecutions and the State Law Office, made presentations on their role in the implementation of the Bribery Act. Posted on Thursday, February 23, 2017