Finnconsult questions SGS’ conclusions

Business December 06, 2005

The conclusions of the Swiss firm SGS concerning corruption in mixed credits are not shared by the Finnish-Danish concern Finnconsult Rambøll. Tauno Kääriä, Managing Director of Finnconsult, makes a distinction between over-pricing and corruption. He acknowledges that the tied portion of the concessional credit encourages price hikes of equipment supplied.

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