Earlier quoted context omitted.
"Don't spend your money bribing foreign governments, keep that money for lobbying in your own country. Lobbying of course is not bribery."
Because it’s not. You know that lobbyists can’t pay politicians, right? The meme that “lobbying == bribery” needs to die.
Airbus ran ‘massive’ bribery scheme to win orders
41–50 of 251 posts
Re: Airbus ran ‘massive’ bribery scheme to win orders
#42Earlier quoted context omitted.
Except it's illegal to pay bribes (for now, anyway) for US companies (to foreigners): https://www.justice.gov/criminal-fraud/foreign-corrupt-pract...
Yet it's 100% legal to pay bribes to US government officials (aka lobbying and campaign contributions).
https://www.lexology.com/library/detail.aspx?g=c6c23d55-f451...
Re: Airbus ran ‘massive’ bribery scheme to win orders
#43Earlier quoted context omitted.
Yet it's 100% legal to pay bribes to US government officials (aka lobbying and campaign contributions).
It's not entirely for lack of trying on behalf of prosecutors. The courts have narrowed the definition of bribery. https://www.lexology.com/library/detail.aspx?g=c6c23d55-f451...
Re: Airbus ran ‘massive’ bribery scheme to win orders
#44Every company doles out bribes. In many countries bribery is the way to go. Things don’t happen without it. They just find creative ways to make it legal that’s all.
Except it's illegal to pay bribes (for now, anyway) for US companies (to foreigners): https://www.justice.gov/criminal-fraud/foreign-corrupt-pract...
Re: Airbus ran ‘massive’ bribery scheme to win orders
#45Every company doles out bribes. In many countries bribery is the way to go. Things don’t happen without it. They just find creative ways to make it legal that’s all.
Re: Airbus ran ‘massive’ bribery scheme to win orders
#46Every company doles out bribes. In many countries bribery is the way to go. Things don’t happen without it. They just find creative ways to make it legal that’s all.
Except it's illegal to pay bribes (for now, anyway) for US companies (to foreigners): https://www.justice.gov/criminal-fraud/foreign-corrupt-pract...
Source: https://www.vanityfair.com/news/2020/01/donald-trump-bribery...
Re: Airbus ran ‘massive’ bribery scheme to win orders
#47Every company doles out bribes. In many countries bribery is the way to go. Things don’t happen without it. They just find creative ways to make it legal that’s all.
Except it's illegal to pay bribes (for now, anyway) for US companies (to foreigners): https://www.justice.gov/criminal-fraud/foreign-corrupt-pract...
https://globalanticorruptionblog.com/2014/06/17/the-fcpas-fa...
Re: Airbus ran ‘massive’ bribery scheme to win orders
#48Every company doles out bribes. In many countries bribery is the way to go. Things don’t happen without it. They just find creative ways to make it legal that’s all.
Except it's illegal to pay bribes (for now, anyway) for US companies (to foreigners): https://www.justice.gov/criminal-fraud/foreign-corrupt-pract...
Re: Airbus ran ‘massive’ bribery scheme to win orders
#49Re: Airbus ran ‘massive’ bribery scheme to win orders
#50Earlier quoted context omitted.
Except it's illegal to pay bribes (for now, anyway) for US companies (to foreigners): https://www.justice.gov/criminal-fraud/foreign-corrupt-pract...
It's actually legal to pay someone a bride under FCPA, but only if they are already legally bound to carry out the task you are bribing them to do. The purpose of the bribe in this case is to "expedite" the service. https://globalanticorruptionblog.com/2014/06/17/the-fcpas-fa...