A Calgary energy company pleaded guilty on Friday to bribing a foreign government official six years ago.Their CEO was the highest paid executive in Canada last year. Someone should do a study on the linkages between executive compensation and corporate cultures of corruption.
Niko Resources Ltd. is an oil and gas producer with operations in Southeast Asia.
The firm was charged under the Corruption of Foreign Public Officials Act.
Company officials admitted in a Calgary court that the firm bribed a Bangladeshi government minister in 2005 following a blowout at one of its fields.
The company provided a vehicle and free trips to Canada and the U.S. to the government official who was in charge of how much nearby villagers would be compensated by Niko for the blowout.
Both the Crown and defence lawyers are recommending a fine and victim surcharge amounting to almost $9.5 million.
Friday, June 24, 2011
Guilty of Bribery
Not just bribery, but bribery with the goal of avoiding compensating poverty stricken villagers they had poisoned.
Subscribe to:
Post Comments (Atom)
Recent Posts
Popular Posts
-
Julian Assange is in jail in UK facing deportation to Sweden on charges of rape. Many people, otherwise sympathetic to Assange and Wikileak... -
Octopuses are smarter than they should be. Every other invertebrate registers as static on an EEG. An Octopus generates the kind of slow l... -
For the comic book fans, hat tip to Andrew Sullivan : Frank Miller is the comic book artist and writer behind The Dark Knight, a bunch of gr... -
Tragic News For Albertans You bastards. You lousy bastards. The Alberta provincial government has outlawed $1 drink specials and limited Ha... -
The pathologically sadistic and demented Harper government has now gone so far they managed to shock the conscience of Saskatchwan's rig...
-
Ottawa Police officer Steve Desjourdy appears to have a serious problem with any woman who gets 'uppity' with him. On Wednesday, ... -
Spotted at Scott's Dia Tribes : Rachel Marsden , serial stalker, Anne Coulter wannabe, former Fox News personality fired for being too... -
The context: Ezra Levant spits venom at the doctor who brought attention to increased cancer rates downstream from the tarsands. Antonia... -
More evidence that many police officers extend their 'us and them' attitude to all of us not just criminals. A woman who was bound ...
No comments:
Post a Comment