U.S. sends a message by stepping up crackdown on foreign business bribes – washingtonpost.com

Federal authorities want companies to know that the cost of paying bribes to win overseas contracts is growing steeper by the day.

Long a priority of the FBI and the Justice Department, efforts to police corrupt business payments have intensified in recent weeks, with multimillion-dollar corporate settlements and coordinated arrests of individual executives accused of attempting to grease the skids.

On Friday, BAE Systems, the world’s second-largest defense contractor, agreed to pay $400 million to resolve decade-old allegations that it misled the Defense and State departments about its efforts to comply with the Foreign Corrupt Practices Act. The law bars companies from bribing government officials to win lucrative contracts and other favorable treatment.

Full Story U.S. sends a message by stepping up crackdown on foreign business bribes – washingtonpost.com.

OPS; Kabuki?

Post to Twitter

Share

Filed Under: Crime, Legal Issues

RSSComments (0)

Trackback URL

Leave a Reply

You must be logged in to post a comment.

  • Thom’s Blog
    Thom plus logo
      The oligarchs openly talking about a coup d'état in America?
     

    Multi-millionaire lobbyist Grover Norquist is calling for the impeachment of President Obama. In an interview with the right-wing National Journal - Norquist warned that if President Obama wins re-election and decides to let the Bush tax cuts for the top 2% expire at the end of the year - then Republicans will "have enough votes in the Senate in 2014 to impeach [him]."
     
    What does that mean? It means that the super rich in America - and their political operatives like Norquist in Washington, DC - have now compared a tiny tax increase on the wealthy to high crimes and treason - the only Constitutional basis Congress can use to impeach a President. It sounds like the oligarchs are now openly talking about a coup d'état in America.
     
    -Thom
     
    (Do you think will try it? Tell us here.)
  • LEGALIZE Democracy

    " We the corporations" On January 21, 2010, with its ruling in Citizens United v. Federal Election Commission, the Supreme Court ruled that corporations are persons, entitled by the U.S. Constitution to buy elections and run our government. __________

    MOVE to AMEND

    a project of the CAMPAIGN TO LEGALIZE Democracy

    Help end Corporate personhood