Displaying items by tag: Bribery Act

Many Hondurans are celebrating what they see as a rare instance of accountability for corruption among the nation's ruling class. Juan Orlando Hernandez, the country’s former president, has been sentenced to 45 years in prison after being convicted on drug and weapons charges. He had been found guilty by a Manhattan jury in March of accepting millions of dollars in bribes to protect cocaine shipments destined for the USA, despite his public stance against drug trafficking. Hernandez, who served as president from 2014 to 2022, maintained his innocence at the sentencing, claiming he was wrongfully accused. Prosecutors had sought a life sentence, arguing that his actions facilitated large-scale drug trafficking and associated violence. They said he had used drug money to bribe officials and manipulate election results in 2013 and 2017. His brother, Tony Hernandez, was also sentenced to life in prison in 2021 on drug charges.

A House of Lords committee has been considering the effectiveness of the Bribery Act. It concludes that, although it is an effective piece of legislation, there is a danger that any future discussions around it could be used as a backdoor to watering it down. As the UK prepares to leave the EU, looking for new export markets and trade deals, it is more important than ever that British business is conducted fairly and in line with global standards. Many in business understand the damage that bribery does to their companies, the markets and the lives of ordinary people. But there is still space to make our anti-bribery framework even stronger.