germany legal news

Germany working on nationwide corruption ‘black list’: draft law

BERLIN (Reuters) – The German Economics Ministry want to create a nationwide database aimed at making it easier to block companies found guilty of fraud and other violations from receiving federal, state and local government contracts.

A legislative draft viewed by Reuters calls for companies found guilty of major violations to be blocked from government contracts for five years, with less serious charges to result in a three-year ban.

“The goal of the legislation is to ensure that government contracts are only awarded to companies that have not incurred major legal violations and that have competed fairly,” according to the draft.

Read Full –