Category Archives: bureaucracy

Truth or Consequences – IKEA as a Case Study of Russia’s Miserable Investment Climate

Earlier this year I wrote about IKEA’s corruption problems in Russia.  Two senior managers were fired after Swedish media reported that the managers had approved a bribe payment by their general contractor in order to obtain electricity service for a … Continue reading

Posted in bribery, bribes, bureaucracy, Business, Business and Economy, corruption, Economic development, Foreign direct investment, foreign investment, IKEA, officials, russia, Russian economy | 3 Comments

Daimler Did Not Pay Bribes in Russia – MVD Source

So MVD finished its thorough investigation of the corruption allegations against Daimler.  Recall, this April Daimler settled violations of the U.S. Foreign Corrupt Practices Act (FCPA) with the U.S. Department of Justice (DOJ) and Securities and Exchange Commission (SEC).  The … Continue reading

Posted in bribery, bribes, bureaucracy, corruption, daimler, daimler ag, daimlerchrysler, Dmitry Medvedev, fcpa, interior ministry, mvd, prosecutor general, war on corruption

Developing Kremlin Corruption Scandal – Olympics of Bribery

I have been sitting on this story for a while, waiting to see if anything actually happens and now it appears that it will amount to something – so here goes.  A few months ago, Russian construction entrepreneur and minigarch … Continue reading

Posted in anti-corruption legislation, bribes, bureaucracy, corruption, criminal law, daimler, Dmitry Medvedev, Foreign direct investment, foreign investment, Medvedev, officials, oligarchs, prosecutor general, Putin, rule of law, russia, war on corruption | 9 Comments

You Just Got Coded – Russian Officials Face New Ethical Rules

Last week, at a regular meeting of the Presidential Anti-Corruption Council, Head of the Presidential Administration Sergei Naryshkin announced the completion of a draft Model Code of Ethics for all public officials (государственные служащие) of the Russian Federation.  The draft … Continue reading

Posted in anti-corruption legislation, bureaucracy, code of conduct, code of ethics, corruption, dress code, entertainment, gifts, hospitalities, officials, rudeness, war on corruption | 2 Comments