Definition
Bribery of Private Officials refers to offering, giving, or receiving improper advantages between private sector parties in a business context.
Context
Bribery in the private sector typically occurs in procurement, sales, or contract negotiations. It is closely linked to Corruption, Conflict of Interest, and weak Internal Controls, and may result in market distortion and significant Compliance risks.
Meaning
Bribery of Private Officials is illegal or subject to sanctions in many jurisdictions and represents a significant risk to corporate governance and integrity.
Example
Kickback payments in exchange for preferential supplier selection.
Sources
Suggested citation
wirtschaftsforensik.ch Editorial Team: "Bribery of Private Officials", in: Glossary, wirtschaftsforensik.ch, https://wirtschaftsforensik.ch/glossar/bribery-of-private-officials/, accessed April 18, 2026.