Dubai businessman says bribery in Middle East commercial life ‘swept under the carpet’ | The National:
"Mishal Kanoo, the outspoken Dubai-based businessman, has called for stricter measures against bribery and corruption in commercial life in the region.
Speaking at a forum of the Alternative Investment Management Association in Dubai, Mr Kanoo spoke out against the problems, which he said had “been swept under the carpet in this part of the world”.
Mr Kanoo, whose family firm is one of the biggest diversified conglomerates in the UAE, said that “white collar crime” was a persistent problem in the region, and penalties against it are not severe enough."
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