David Lyman, Tilleke & Gibbins’ Chairman and Chief Values Officer, was quoted in an article by Nikkei Asian Review, titled “Thailand faces uphill battle on anti-corruption campaign.”
Referencing two recent corruption scandals involving British engine manufacturer, Rolls Royce, and U.S. wire and cable manufacturer, General Cable, the article points out that—contrary to their global reputation for commitment to anti-bribery measures—some Anglo-American multinationals have actually been contributing to the recent surge in corruption in Thailand. The article goes on to highlight the importance of the anti-corruption campaign launched by Thailand’s government in 2014.
David was interviewed on the current state of corruption in Thailand. “Under the Yingluck government, I hear corruption had reached 40 to 45 per cent of the project value at one point,” he said. David continued to speak on Prime Minister Prayuth Chan-ocha’s efforts to reduce corruption in the country. “I think they were trying to clean up the mess, because it went too far under the Yingluck government. One of the first things this government did was to double the budget of the National Anti-Corruption Commission virtually on day one.”
Nikkei Asian Review provides news and analysis on politics, the economy, business, and international affairs. To read the article, please visit the Nikkei Asian Review website.