Sentence examples for facilitation payments from inspiring English sources

Facilitation payments, also known as kickbacks or backhanders are a common form of bribery.

One commitment is to end so-called "facilitation payments" paid to foreign government officials in the course of routine business.

The failure of the company's defence of hospitality and facilitation payments sets an important legal precedent, they added.

Facilitation payments (defined as "payments to induce officials to perform routine functions they are otherwise obligated to perform") are included, for example.

For example, 84 companies said they were committed to the law, including anti-corruption measures, but only 19 said they ban "facilitation payments" or bribes.

In contrast to the FCPA, it makes no exception for small "facilitation payments" to speed up routine business such as customs checks or visas.But it is fair, too.

We are not deterred by the facilitation payment investigation".

Today's facilitation payment is tomorrow's bribe.The pesticidal power of market forcesMarket forces are likely to prove far more effective than legal forces in the fight against bribery.

At the same time, BP professes that "we will never offer, solicit or accept a bribe in any form .Britain's Department of Trade and Industry concedes that there is no clear definition of a facilitation payment or of precisely how it differs from a bribe.

7- Investment promotion and facilitation of payment systems.

There are economic, institutional, social, political and infra-structural obstacles hindered regional economic integration in COMESA, Promote diversification and specialization Improvement of physical infrastructures, and Investment promotion and facilitation of payment systems are some Mechanisms in support of regional integration in COMESA.