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German companies push to join anti-graft treaty

February 16. 2013 2:24PM
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(AP) Bosses at some of Germany's biggest companies are calling for the country to join an international anti-corruption treaty that has already been ratified by 161 nations.

Chief executives of 35 leading firms including car maker Daimler, energy firm E.ON and steel giant ThyssenKrupp have written to lawmakers asking them to ratify the 2003 U.N. Convention Against Corruption.

Germany is among just a few countries not to have ratified the conventions. Others include Sudan, Japan, Syria, Somalia, Saudi Arabia and the Czech Republic.

In their June letter, publicized Wednesday, the company CEOs said failure to ratify the treaty damages the image of German firms abroad.

German companies were in the past involved in several cases of bribery of foreign officials to secure contracts.

Associated Press

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