LEADERS
DIGEST
The Temptation of Corruption in Times of Crisis We need the protection of the law now more than ever with the COVID-19 crisis amplifying opportunities for corruption.
Times of crisis bring out the best and worst in us
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BY NICOLE LEONG AND ANDROS LIM
The COVID-19 outbreak is an unprecedented crisis to the world’s economic landscape and undoubtedly a shock to most (if not all) businesses. While the immediate focus of many corporations may understandably be on sustaining the business, the unique and intense commercial pressures from the coronavirus outbreak have also increased the threat of bribery and corruption within and towards businesses. It is crucial that businesses recognise and mitigate corruption risks in order to protect themselves from exposure to criminal liability as well as leakages due to corruption.
Issue 42 I August 2020 17
