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US oil companies like ExxonMobile have survived on the international market just fine, despite the laws preventing them handing out bribes for the past several
by axiolite 2y ago
US oil companies like ExxonMobile have survived on the international market just fine, despite the laws preventing them handing out bribes for the past several decades.
There are several examples of bribes being publicized and the guilty company losing out on big contracts as a result (e.g. from ECHELON spying).
- buckle8017 2y agoYeah they've survived by paying bribes.
- jamesfinlayson 2y agoYeah, I have a friend who worked in South-East Asia for a while - he said that his company paid "agents" whose job was specifically to pay the bribes on behalf of his company so that they themselves wouldn't get in trouble for paying the bribes.
- alborzb 2y ago>> US oil companies like ExxonMobile Is that the same ExxonMobile that was caught in a bribery corruption scandal in Liberia in Africa? [1] Or perhaps you're talking about the same ExxonMobile that was caught bribing government officials in Kazakhstan in Asia? [2] [1] https://www.business-humanrights.org/en/latest-news/full-report-catch-me-if-you-can-exxon-complicit-in-corrupt-liberian-oil-sector/ https://www.business-humanrights.org/en/latest-news/full-rep... [2] https://www.forbes.com/2003/04/23/cz_df_0423xom.html https://www.forbes.com/2003/04/23/cz_df_0423xom.html