August 8, 2012

Another Chamber of Commerce Member Is Caught Bribing Foreign Governments

In late 2010, the foreign-funded U.S. Chamber of Commerce, perhaps Washington’s most powerful corporate front group, unleashed a lobbying blitz to weaken the Foreign Corrupt Practices Act (FCPA). The FCPA is designed to punish U.S.-based corporations that bribe foreign officials abroad.

Earlier this year, a subsidiary of Wal-Mart — which is a Chamber member —  in Mexico was caught bribing officials, funneling millions of dollars through that country. Now, another Chamber member, Pfizer, has been fined for its role in foreign bribery:

As promised, the US Securities and Exchange Commission has charged Pfizer with violating …

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April 30, 2012

Beyond Wal-Mart: Five Other Corporations That Bribed Officials Then Lobbied Against Anti-Bribery Laws

Imagine if the next time you were caught speeding, you decided to finance an elaborate lobbying operation to change the speed limit and weaken laws against driving too fast on public roads. You probably find that to be a silly hypothetical, but for some big corporations it’s standard operating procedure.

All eyes are on Wal-Mart after it was exposed that its Mexican subsidiary spent at least $24 million bribing Mexican officials while its parent company moved to cover it all up. Soon after this happened, powerful corporate front groups like the U.S. Chamber of Commerce and the Retail Industry Leaders …

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April 23, 2012
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After Its Subsidiary Bribed Mexican Officials, Wal-Mart Lobbies To Weaken Anti-Bribery Laws

A blockbuster New York Times story published this weekend details how the Mexican subsidiary of retail giant Wal-Mart paid $24 million in bribes to Mexican officials — and subsequently top Wal-Mart officials allegedly decided to cover up these offenses.

The details of Wal-Mart’s complicity in bribery are shocking, but there is one important element that the Times did not report.

While Wal-Mart’s largest subsidiary spent millions of dollars systematically bribing Mexican officials, the company back home has been working, through big business groups like the U.S. Chamber of Commerce, to weaken the Foreign Corrupt Practices Act (FCPA), which renders it illegal for corporations …

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