Is bribery common in Saudi Arabia?

Is bribery common in Saudi Arabia?

Corruption in Saudi Arabia’s public services is a moderate risk for companies. Companies indicate that bribes and irregular payments are not regularly exchanged when obtaining public services (GCR 2015-2016). Saudi Princes are only very rarely removed from office; it takes a major offense for this to happen (BTI 2018).

What is the punishment for corruption in Saudi Arabia?

Cabinet Decision and New Law 534/1442, builds on that definition with the following significant provisions: Convicted fraudsters shall be subject to jail terms of up to seven years and fines of up to SAR 5 million (approximately USD 1.3 million).

Why is Saudi Arabia so important around the world?

Saudi Arabia has since become the world’s second largest oil producer (behind the US) and the world’s largest oil exporter, controlling the world’s second largest oil reserves and the sixth largest gas reserves. Saudi Arabia is considered both a regional and middle power.

How is Saudi Arabia run?

Saudi Arabia is an absolute monarchy, although, according to the Basic Law of Saudi Arabia adopted by royal decree in 1992, the king must comply with Sharia (that is, Islamic law) and the Qur’an. The government of Saudi Arabia is led by the monarch, King Salman, who acceded to the throne on 23 January 2015.

What is Saudi Arabia’s national and legal system?

Since Saudi Arabia is an Islamic state, its judicial system is based on Islamic law (Shari’ah) for both criminal and civil cases. At the top of the legal system is the King, who acts as the final court of appeal and as a source of pardon.

How corrupt is Saudi Arabia’s procurement sector?

Saudi Arabia’s procurement sector carries a moderate risk of corruption; defense and security procurement is particularly corruption-prone (BTI 2018). Companies indicate that irregular payments and bribes are fairly uncommon in procurement processes (GCR 2015-2016).

Where can I find more information on Transparency International’s Anti-Corruption Work?

For more information and resources on our anti-corruption corruption work, please visit the End Corruption and Library sections. Since its inception in 1995, the Corruption Perceptions Index, Transparency International’s flagship research product, has become the leading global indicator of public sector corruption.

What is the Global Corruption Index?

The index offers an annual snapshot of the relative degree of corruption by ranking countries and territories from all over the globe. In 2012, Transparency International revised the methodology used to construct the index to allow for comparison of scores from one year to the next.

Is there a national chapter for the anti-corruption campaign?

We don’t currently have a national chapter in your country. For more information and resources on our anti-corruption corruption work, please visit the End Corruption and Library sections.