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Is It OK to Bribe for Contracts?
Across most of the world (and, as we see, in the US as well), it is expected – even required – for local officials to wet their beaks on fat contracts. If you want to sell a gas turbine or power plant or engineering services into India or Kazakhstan or Nigeria, paying off the local pols (and others) is necessary.
Of course, this is also illegal. The US and the EU selectively and sporadically enforce anti-bribery laws – often guided by whether or not that same company has been dutifully paying off the US/EU politicians as well. The whole thing stinks to high heaven. Trump’s Executive Order yesterday tried to address this: