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by StillBored 2560 days ago
So, now its the US governments chance to hold out its hand.

These are so trivial for a company like Walmart, and no-one is being individually held responsible. So it just looks like an official bit of us gov bribery, just like the fee's to avoid the security line at the airport. Cloak it in a bit of legal mumble jumbo and the us government gets its payout too.

Frankly though too, these foreign anti-bribery laws seem so antiquated. Every year I have to sit through training for them as part of the corporate hand waving (we can't be responsible we trained our employees). Yet really it pales in comparison to the damage actually being done, and in the cases where the officials will actually take bribes just puts us based companies at a disadvantage to other foreign companies willing to pay the bribes. Especially in cases where the companies from other countries will waltz in with "infrastructure improvements", "cheap loans" whatever...

1 comments

What comprises the “mind” of a corporation? I would argue that the board and senior officers make up that mind and it’s their failure to demand or instill strong ethics allowed for these crimes to occur.
In this case, yes that appears to be what happened. The low level employees reportedly raised the issues.

From TFA:

"But even as employees frequently raised alarm, the company’s top leaders did little to prevent Walmart from being involved in bribery and corruption schemes."

Which is why no-one is going to jail, if it were just a low level employee you can bet they would be charged/fired and jailed. But since it went high in the mgmt chain, they likely can't just pin it on someone. The records likely got looked at, discussed off the record, and then got ignored without anyone's fingerprints on them.