TISC PN27 0506

TRADE AND INDUSTRY COMMITTEE

COMMITTEE OFFICE HOUSE OF COMMONS
7 MILLBANK LONDON SW1P 3JA

Telephone: 020 7219 5777/5779

PN 27 of Session 2005-06

PRESS NOTICE

Inquiry into Export Credits Guarantee Department's bribery rules

The Trade and Industry Committee is today announcing the setting up of a Sub-Committee to conduct an inquiry into the changes that the Export Credits Guarantee Department has made to its bribery rules since April 2004.

The Sub-Committee will focus on two areas:

  • Do the procedures published on 16 March 2006 in the Government's "Final Response to the Export Credit Guarantee Department's consultation on the changes made to its anti-bribery and corruption procedures in December 2004" reduce as far as reasonably practical the risk of ECGD supporting contracts tainted by corruption?

  • Are the proposals set out in the Final Response workable?

The Chairman of the Sub-Committee, Roger Berry MP, said:

"The Trade and Industry Select Committee has watched closely the ECGD's work in developing rules to combat bribery and I am pleased that the Committee has set up a Sub-Committee to follow-up its earlier inquiry into the ECGD.

"The anti-bribery procedures which the Government published on 16 March 2006 have had a long, and at times a controversial, gestation since April 2004. It is vital for both business and the tax-payer that the new procedures are workable and reduce to a minimum the risk of ECGD supporting contracts tainted by corruption."

The Sub-Committee invites written submissions to this inquiry to be submitted, as a MS Word document, by e-mail to [email protected] with a single hard copy sent to the Clerk of the Sub-Committee at the address above by 5.00 pm on Thursday 27 April 2006. Details of oral evidence hearings will be announced shortly after that date.

The Sub-Committee consists of Mr Roger Berry, Mrs Claire Curtis-Thomas, Judy Mallaber, Rob Marris and Mr Mike Weir.

The Government's "Final Response to the Export Credit Guarantee Department's consultation on the changes made to its anti-bribery and corruption procedures in December 2004" published on 16 March 2006 is available at http://www.ecgd.gov.uk/news_home.htm?id=7001

For further information about the inquiry please call the Committee Office on 020 7219 5777/5779.

30 March 2006

ENDS