The cost of corruption in doing business

In a recent survey on attitudes to corruption by global risk consultancy company, Control Risks, 34 per cent of respondents from Africa reported losing out on deals to corrupt competitors.

Tom Griffin, Senior Managing Director, Control Risks West Africa, joins CNBC Africa to share more insight on this survey.

In a recent survey on attitudes to corruption by global risk consultancy company, Control Risks, 34 per cent of respondents from Africa reported losing out on deals to corrupt competitors.

The survey interviewed 824 companies worldwide.

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