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But we have a zero bribe policy".
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On the other hand, an effective "no bribes" policy and a culture where strong business values and ethical behaviour are central facets, potentially offers the competitive advantages of transparency: a cleaner corporate image, more trustworthy business relationships, lower costs and less litigious shareholders.
The accusations about Wal-Mart bribing Indian policy makers arose after the American company filed a routine report with the US Senate that it had spent approaching $25m on various lobbying activities including "enhanced market access for investment in India".
Earlier this week Ecclestone admitted paying Gribkowsky £10m but said the payment was not a bribe but an "insurance policy" because the German had inferred he would go to the Inland Revenue with allegations about his tax affairs.
As it happens, the electorate decided that Miliband's policy bribes were offers they could refuse.
It's morally dubious — and bad public policy — to bribe people to do their civic duty.
For example, it said enforcement of its policy against bribe-taking had resulted in four dismissals and one resignation, though it did not provide details.
Condé Nast and CBS have also received offers of tax breaks from New York after talk of leaving the city.The policy of bribing businesses to stay in New York, which has been in place for a couple of decades, is a lousy way to create jobs, says Bill Stern, who used to run the New York Urban Development Corporation.
He jokingly refers to the policy as "bribes" and "Boles' bungs" and suggests communities might use the funds to build a new swimming pool or village hall.
Even the free school meals policy was a bribe in exchange for Lib Dem support of the married couples tax allowance.
A police lieutenant with 47 departmental awards for out standing duty was arrested yes terday in the home of a gambling suspect and charged with ac cepting a $75 bribe to protect bookmaking,and policy opera tions in the Bedford‐Stuyvesant area of Brooklyn.
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