ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Integrity Pact was first used on the Purple Line, part of Bangkok's overhead urban transit system. (Photo by Peter Janssen)
Politics

Thailand faces uphill battle on anti-corruption campaign

Recent scandals show that Thai military junta has much to do to tackle graft

PETER JANSSEN, Contributing writer | Thailand

BANGKOK -- Who says British and American companies are losing out in the Southeast Asian market? At least two major corruption scandals that broke in January seem to indicate that Anglo-American multinationals have been holding their own against their Asian rivals, at least in Thailand.

First, the U.K.'s Serious Fraud Office in mid-January revealed that British engine manufacturer Rolls Royce admitted to paying about $36 million in bribes to secure airplane engine sales to Thai Airways International in various deals between 1991 and 2005. Then came the allegation from the U.S. Department of Justice that the Kentucky-based General Cable, via Phelps Dodge International, had provided $1.5 million in "rebates" to a local distributor in Thailand in connection to sales of cables and wires to three Thai state enterprises -- the Metropolitan Electricity Authority, Provincial Electricity Authority and Telephone Organization of Thailand -- between 2011 and 2013.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more