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corporate crime
by leon on July 11, 2008
Arms dealer BAE might be vowing to clean up after the Saudi bribery scandal but trouble is not going away.
Swiss authorities have expanded their investigations into BAE following allegations that the company used Swiss bank accounts to pay £60 million ($US119 million) in bribes to Saudi officials. No matter how much protection the company got from the Serious Fraud Office, and indeed the Saudis seemed to have some advance warning that the British were halting the bribery investigation, but this scandal is far from over.
Permalink: BAE scandal widens
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Corporate Vigilance
Welcome to the July 13, 2008 edition of Corporate Vigilance presenting an array of opinions, instruction, and helpful information as it relates to business and personal finance.
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