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Bribe, Swindle or Steal

Spotlight on Argentina

Bribe, Swindle or Steal

Alexandra Addison-Wrage of TRACE International

Business, News, Business News

4.9582 Ratings

🗓️ 2 April 2018

⏱️ 24 minutes

🧾️ Download transcript

Summary

Guillermo Jorge, a partner at Governance Latam in Buenos Aires, discusses the new Argentinian law that creates corporate liability for bribery that came into effect on March 1.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to the podcast, bribes, swindle, or steel.

0:09.8

I'm Alexandra Rogi, and today we're talking about the new anti-bribery law in Argentina.

0:14.6

Joining me is the managing partner of Governance Latam, Trace's partner firm in Buenos Aires.

0:20.1

He's also a lecturer at San Andres University School of Law and a researcher at its Center for Anti-Corruption Studies.

0:26.6

This semester, he's also the Global Adjunct Professor of Law at NYU in Buenos Aires.

0:31.6

Guillermo Jorge, thank you for joining me today.

0:34.6

Thank you, Alexandra, for having me here.

0:36.6

Before we address the new law, can you perhaps start by providing a bit of background on

0:43.2

Argentina's record in this area, both on corruption generally and then on anti-bribery cases a little more specifically?

0:51.7

If you ask about cases, I would say the track record of corruption and

0:57.4

bribery cases in Argentina was pretty bad until two years ago. With the change in administration

1:04.8

in 2016, the federal criminal prosecutors and the criminal courts re-invigorated several ongoing investigations.

1:14.4

Since then, we note an improvement.

1:18.1

There are more than a dozen high-rank former officials in preventative detention awaiting trial.

1:25.5

There are some ongoing proceedings to remove the immunity of members of the

1:30.2

House and the Senate, including former President Kishner. We note also much more cooperation between

1:38.1

agencies in the executive, like the anti-corruption agency or the financial intelligence unit with the prosecutors,

1:46.2

which in Argentina do not belong to the executive. They are independent. So I would say that

1:52.6

with some ups and downs in some specific cases, the overall situation is much better now.

1:57.6

What you have described is prosecutions of corrupt government officials.

2:04.5

Have we seen any corporations caught up in this?

2:08.0

There are a few cases including business people, which is also unusual, because traditionally

...

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