Dutch corporate corruption in foreign countries

This 5 September 2018 is about the Dutch ING bank money laundering scandal.

Translated from Dutch NOS TV today:

Corruption by Dutch corporations abroad is being tackled insufficiently

Dutch companies bribing abroad are not always prosecuted in the Netherlands. There is money for the fight, says the organization Transparency International (TI), but the legal system is not yet sufficiently equipped.

Many other countries also fail, says TI. Only seven out of the 44 countries surveyed tackle corruption well, but the Netherlands does not belong among them. …

Transparency International also explicitly mentions the money laundering scandal at the ING bank. The Public Prosecution Service has reached a settlement of 775 million euros with the bank, because ING has been negligent in the prevention of money laundering. Between 2010 and 2016, customers abused their accounts at ING for the laundering of hundreds of millions of euros.

See, eg, the corruption by Dutch Philips corporation in health care in Poland.

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