Thursday, July 21, 2011

Infosys chairman Narayana Murthy backs Kaushik Basu's proposal to make bribe-giving legal AFP Jul 20, 2011,

Infosys chairman Narayana Murthy backs Kaushik Basu's proposal to make bribe-giving legal

AFP Jul 20, 2011, 09.43pm IST
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NEW DELHI: A pioneer of India's outsourcing industry and leader of one of country's biggest IT firms has argued that legalising paying bribes would help reduce endemic corruption in the South Asian country.

N.R. Narayana Murthy, chairman of Infosys, said he fully supported proposals from economist Kaushik Basu to make paying bribes legal because this would help members of the public blow the whistle on corrupt officials.

Under Basu's proposals receiving a bribe would remain illegal.

"If bribe giving, and not bribe taking, is made legal then the bribe giver shall indeed cooperate with the authorities to expose the bribe taker," Murthy said in a speech in the western city of Ahmedabad on Tuesday, the Press Trust of India news agency reported.

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