Business Corruption in Peru

Corruption is a serious problem for businesses in Peru, with irregular payments, bribes and the favouritism of government officials in awarding contracts being particularly common. Corruption is criminalised through Decree No. 635 of the Peruvian Penal Code (in Spanish), which covers attempted corruption, extortion , passive and active bribery , money laundering and bribery of foreign officials. The official procedure of accepting gifts and small courtesies is not specified, so it also represents a risk. Peru’s Penal Code does not criminalise facilitation payments .

March 2015
GAN Integrity Solutions