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November 09, 2004

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Slow wheels of justice

The SCMP this morning reports Beijing's anti-corruption People's Procuratorate is investigating Lucent and other foreign telco equipment makers, a notorious area for corruption over the years. Lucent has handed over an 800 page report into possible breaches of the US Foreign Corrupt Practices Act. Back in April Lucent fired four of its most senior executives in China, including the CEO of its Chinese subsidiary. This is the tip of the iceberg.

The penalties for corruption in China include the death sentence.

 posted by Simon on 11.09.04 at 09:53 AM in the




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