Corruption prevention in the engineering & construction industry

Corruption in the global economy is a fact. No company is immune to risk, even if it operates in what appear to be relatively “safe” countries.

Engineering and construction (E&C) companies face a disproportionately higher risk of being involved in corruption and significant fines are increasingly being levied by regulators around the world. Management therefore need to ensure that this risk is both recognised and addressed.

This discussion paper outlines corruption issues, why it is currently a hot topic within the Engineering and construction industry, suggests a number of questions companies ought to be asking those who have the responsibility of dealing with risk and regulation within their organisations, and finally offers ways in which PwC can assist.

In addition we have recorded a podcast which you may wish to listen to, or download. This can be accessed on either the left or right hand side of this page & provides supplementary information to the paper. This is presented by Jonathan Hook (PwC global engineering & construction leader) and Alan Morris (PwC leading practitioner in Forensics).

We hope you find this paper of use and of interest. Please feel free to contact Alan, Patricia or me should you have any questions. Our contact details are situated on the right hand side of this page.

Kind regards.

Jonathan Hook
Global engineering & construction leader