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by hinkley 2560 days ago
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.

2 comments

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.
I see this happen in Western institutions as well where if you want faster processing you have to pay some extra fee.