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Bribery in the Private Sector - "Few Men Have Virtue to Withstand the Highest Bidder"

January 2008 - Crime. Legal Developments by Walder Wyss Ltd.

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Switzerland has further tightened its legislation against bribery. As a consequence, an enterprise may be subject to prosecution if one of its employees bribes someone, regardless of whether the recipient of the bribe is a public official, and may be exposed to a fine of up to CHF 5 million.