Deloitte Bribery and Corruption Survey 2015 Australia New Zealand

Corruption Exists, Corporate Controls Not in Place Survey Finds

Deloitte Bribery and Corruption Survey 2015 Australia & New Zealand

Transparency International New Zealand was well represented during March events promoting the release of the Deloitte Bribery and Corruption Survey 2015 Australia & New Zealand.TINZ Directors, Daniel King and Mark Sainsbury, both participated in the panel discussion held in Auckland and Daniel joined with new Wellington Regional Chamber of Commerce head, John Mitford, at the Wellington release event.

Daniel King, Nick Paterson and Ian Tuck Well Deloitte Survey Launch

Daniel King, Nick Paterson and Ian Tuke at the Wellington Deloitte Survey Launch

In 2012 Deloitte surveyed Australian and New Zealand organisations on offshore bribery and corruption risk. They identified a range of themes around exposure, enforcement and accountability and highlighted the fact that Australian and New Zealand organisations were encountering bribery and corruption incidents and challenges which many were ill-equipped to identify, manage and, most importantly, prevent.

The Deloitte Bribery and Corruption Survey 2015 Australia & New Zealand provides an essential follow up on the significant risks presented by this complex issue. It again focuses on risks related to overseas investments and operations but, given recent high profile domestic corruption incidents in both Australia and New Zealand, it also looks at risks from a domestic perspective.

The survey shows that almost a quarter of public and private organisations have experienced domestic corruption in the last 5 years, more than half occurred in the last year. In their media release, Deloitte speculated that an increase in bribery and corruption tarnishing New Zealand's ethical image may be due in part to an influx of migrants from countries where such practices are considered normal.

The most common types of domestic corruption cited by respondents included undisclosed conflicts of interest, supplier kickbacks and personal favours.

According to Deloitte Lead Forensics Partner Barry Jordan "There remains a concerning number of organisations that don’t have formal compliance programmes or don’t discuss corruption risk at their highest levels."

Transparency International New Zealand provides access to a free online Anti-Corruption Training Tool designed by leading experts in the field. This enables organisations to encourage training for their personnel in awareness and prevention. This training was developed in partnership with the the UK Chapter, the Serious Fraud Office and BusinessNZ.

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