American Thinker
By Gary Hull
Two scandals are currently in the business headlines. The Justice Department is investigating Walmart for paying millions of dollars in bribes to Mexican government officials. Such payments were made so that the Mexican officials would approve the permits Walmart needed to open stores throughout Mexico. In addition, the Securities and Exchange Commission is investigating some major Hollywood studios who allegedly bribed Chinese government officials to gain permission to show movies in China. Those payments are illegal under the Foreign Corrupt Practices Act and can incur fines of up to $5 million and 20 years in jail.
LINK
No comments:
Post a Comment