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    Wanted: one local 'big fish' to see justice
     
    By Max de Leon
    Reporter

    THE Enron guys got it. Martha Stewart got it. But has any “big fish” among unscrupulous businessmen got it? Not on your life. Comeuppance in the law is a local holy grail for the honest members of the business community.

    Ramon R. del Rosario Jr., chairman of the Makati Business Club (MBC), said they believe that what will make entrepreneurs become better citizens and avoid perennial sins like tax evasion, bribery and smuggling is when they see top-level business people going to jail for corporate crimes.

    “Nothing will scare more the businessmen than seeing them going to jail,” del Rosario said after hearing the presentation of the Social Weather Station’s 2007 Business Survey on Corruption Friday at the Dusit Hotel in Makati.

    And plugging all those tax revenue leaks plaguing the government, some added.

    The poll, which covered 705 Filipino managers in Metro Manila, Cebu, Davao, Calaba (Cavite, Laguna and Batangas), and Cagayan de Oro, showed that 48 percent of the respondents believe that “most/almost all the firms in their line of business give bribes to win government contracts,” and 22 percent say most of the firms also give grease money to secure private sector contracts.

    Also, one of 12 managers see a lot of corruption in the private sector.

    Three of five managers—a very high ratio according to observers—also say they were asked for a bribe this year in facilitating at least one of the seven index transactions: local government permits and licenses, national government permits and licenses, paying income taxes, complying with import regulations, supplying the government with goods and services, collecting receivables from the government, and availing themselves of government incentives.

    In terms of other business practices, only 50 percent of those polled say that companies in their line of business always demand receipts, and only 35 percent say they always issue receipts.

    The poll also showed that only 24 percent believe that their fellow businessmen keep only one set of books, and only 18 percent say they pay taxes honestly.

    In the face of all these, the survey revealed that the average amount that managers are willing to put in to support anti-corruption activities is only 2 percent of their net income.

    Also, only two of five managers spent to fight fraud and corruption in their companies putting out an average of P292,000. Only one of five managers have also donated to a private anti-corruption fund.

    Del Rosario said the dipping desire of business to combat corruption is largely due to the failure of the system and previous efforts to jail at least a big fish. “It’s hard to see tangible results.”

    Still, del Rosario argued the business sector must do its own share to erase the notion that corruption has become of way of life here, especially if it wants to be competitive globally. “This should not be accepted as something that should stay with us.” 

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    Wanted: one local 'big fish' to see justice