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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