Re:Walmart Pleads Guilty After a Decade of Bribes
by hinkley on Thursday June 20, 2019 @11:06PM
(#20239544)
I worked at a place where the anti-bribery training covered corner cases where US law not only allows for bribery but you can write it off as a business expense. I was pretty shocked by this.
> Regarding payments to foreign officials, the act draws a distinction between bribery and facilitation or "grease payments", which may be permissible under the FCPA, but may still violate local laws. The primary distinction is that grease payments or facilitation payments are made to an official to expedite his performance of the routine duties he is already bound to perform.
Re:Walmart Pleads Guilty After a Decade of Bribes
by Zarathustra_ on Thursday June 20, 2019 @11:13PM
(#20239579)
Interesting, I wasn't aware of that. That seems somewhat like a reasonable loop hole, though I can easily see how it could be abused. I appreciate the information.
Re:Walmart Pleads Guilty After a Decade of Bribes
by CMCDragonkai on Thursday June 20, 2019 @11:38PM
(#20239694)
I see this happen in Western institutions as well where if you want faster processing you have to pay some extra fee.
However, America has the Foreign Corrupt Practices Act, which does mean this could be more complicated. We recognize that someone else jumping off a bridge does not justify our doing so. And though we still have problems at home, we do try to police them. When a corruption scandal breaks, politicians usually are forced out of office; compared to many other places, this is good.