This American company bids for a Tender in Russia. But it pays a - TopicsExpress



          

This American company bids for a Tender in Russia. But it pays a bribe to get the Tender. (Thats not allowed of an American or Canadian company. If they must bribe, they better make sure its never found out.) The American justice finds out and charges the company with bribery !!! The company is found guilty and fined $59 million !!! This is why Chinese now have an upper hand in Africa. Chinese companies, even Chinese parastatals, come to Africa and openly bribe our public officials, and end up with all the Tenders !!!! Sometimes, the Chinese government itself pays the bribes on behalf of those companies !!! Of course all these bribes are added to the project cost and its the African taxpayer who is left holding the bag !!! Word on the street is that the SG Rail bribe total was about 10 billion shillings !! The Laptop project?? That is stalled because they can not agree on the how much bribe and who gets how much !!!!
Posted on: Fri, 12 Sep 2014 08:25:31 +0000

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