Bribery is a well known phenomenon, it is crime but also a business tool. That is the point. Bungs, back handers, douceurs, sweeteners, brown envelopes are subject to profit & loss calculations. Is it worth paying someone a thousand to get a ten thousand contract? Perhaps not but for an overpriced contract worth million it is almost certainly the way to go. Of course one uses cash rather than a cheque.
As The
Economist explains, with charming simplicity in
You Get Who You Pay For:-
Bribery would be less of a problem if it wasn't also a solid investment. A new
paper....... examines 166 high-profile cases of bribery since 1971, covering
payments made in 52 countries by firms listed on 20 different stock markets.
Bribery offered an average return of 10-11 times the value of the bung paid out
to win a contract, measured by the jump in stock market value when the contract
was won. America's Department of Justice found similarly high returns in cases
it has prosecuted.
Returns [ aka Return on Investment ] depend on which officials are having their palms greased. Higher-ranking officials get bigger bribes not only in cash terms but also as a proportion of the value of the contracts they dish out, with heads of state securing up to 4.7% of the contract value compared with just 1.2% for low-ranking officials. Senior officials also capture more of the benefit from graft, typically taking over 50% of the returns from contracts they hand out; their subordinates capture just 20% of the value.
Bribery comes in three forms. The spot market is what the name implies. The whole transaction is done there and then, on the spot.
The futures market means that corruption takes place but the payment comes later. This makes it more difficult to prove criminal intent. Blair came in for millions, lots of them after he set up the war on Iraq with Bush.
Brown got a lot less. Blackmail is another business tool & less expensive. The spot payment is preferred in Nigeria, a more honest country than England.
The third form is prepayment. A company gives money to a political party. They buy access. They get access. They get listened to. If the party ignores the sweet nothings, the donations dry up. It is also called Pay To Play. That is why the Labour Party, once the party of the people is now the enemy of the Working Class.
Recall that Blair aborted the Al Yamamah investigation because the Saudis would have refused to give us any business thereafter. Money matters more than a few bungs when all is said.
It can all go horribly wrong as various people found with the Abscam Job, when the FBI used a bent Jew, Mel Weinberg as a front man. Seven Congressmen came unstuck. One technique for getting away with it is to negotiate with the investigators, pay a monstrous fine and, possibly sack a few people. It is a stay out of jail card. The share holders take the hit; the perpetrators walk away laughing. See #FINES on the point.
Bribery ex Wiki
Bribery' ' is the act of giving money, goods or other forms of recompense to a recipient in exchange for an alteration of their behavior (to the benefit/interest of the giver) that the recipient would otherwise not alter. Bribery is defined by Black's Law Dictionary as the offering, giving, receiving, or soliciting of any item of value to influence the actions of an official or other person in charge of a public or legal duty.[1]Gifts of money or other items of value which are otherwise available to everyone on an equivalent basis, and not for dishonest purposes, is not bribery. Offering a discount or a refund to all purchasers is a legal rebate and is not bribery. For example, it is legal for an employee of a Public Utilities Commission involved in electric rate regulation to accept a rebate on electric service that reduces their cost for electricity, when the rebate is available to other residential electric customers. If the rebate was done to influence them to look favorably on the electric utility's rate increase applications, however, that would be bribery, and unlawful.
The bribe is the gift bestowed to influence the recipient's conduct. It may be money, goods, rights in action, property, preferment, privilege, emolument, objects of value, advantage, or merely a promise to induce or influence the action, vote, or influence of a person in an official or public capacity.[2]
In economics, the bribe has been described as rent. Bribery in bureaucracy has been viewed as a reason for the higher cost of production of goods and services.
Abscam Job used a bent Jew Mel Weinberg
Abscam—sometimes written ABSCAM—was a Federal Bureau of Investigation (FBI) sting operation that took place in the late 1970s and early 1980s.[1] The two-year investigation was directed from the FBI's office in Hauppauge, New York, and was under the supervision of Assistant Director Neil J. Welch, who headed the bureau's New York division, and Thomas P. Puccio, head of the Justice Department's Organized Crime Strike Force for the Eastern District of New York. The operation initially targeted trafficking in stolen property and corruption of prestigious businessmen, but was later converted to a public corruption investigation. The FBI, aided by the Justice Department and a convicted con-man, videotaped politicians accepting bribes from a fraudulent Arabian company in return for various political favors.[2]More than 30 political figures were investigated and among those a total of seven Congressmen — six members of the United States House of Representatives and one United States Senator — were convicted.[3] Not only were there members of Congress, but also one member of the New Jersey State Senate, members of the Philadelphia City Council, the Mayor of Camden, New Jersey, and an inspector for the United States Immigration and Naturalization Service.
"Abscam" was the FBI codename for the operation. When law enforcement authorities announced the operation, they said that "Abscam" was a contraction of "Arab scam".[4] After complaints from the American-Arab Relations Committee, officials said it was a contraction of "Abdul scam" after the name of its fictitious front company.[5]
FINES
Of course corruption is still widespread. See
Corruption Special to know where. Of course politicians
still have their fingers in
the till all the way up to the armpits.
Blair is a case in point. He shut down the investigation
of the Al Yamamah
Job. Kenneth Clarke, the
fat lump who is responsible for the law in
Her Majesty's Government is very keen
on doing nothing about bribery. The Americans are not amused.
Private Eye, the honest part of the main stream media as distinct from the rest tells about the firms that have paid millions by way of fines to the Americans. They do this without admitting liability or taking their chances in court where they would be looking at prison sentences for directors. Here are some of the results from PE 1285/29
Year Firm Fine 2006 Statoil $21 million 2008 Siemens $800 million 2010 Daimler $185 million 2010 ABB $39.3 million 2010 Royal Dutch Shell $48 million 2010 BAE $400 million 2010 Alcatel-Lucent $137 million 2011 IBM $10 million
Rolls Royce Buys Off Bribery Prosecutors With A £671 Million Bung [ 17 January 2017 ]
That's enough to buy a lot of champagne, caviar, dancing girls, to fund pleasant retirements etc. The whole thing is a nonsense. But take the point that the share holders take the hit while the perpetrators walk away laughing.
Civil Servants Get Golden Helloes After Awarding Multigigabuck Contracts [ 19 July 2017 ]
QUOTE
Top civil servants can exploit their contacts to secure lucrative jobs in the private sector as rules to stop them are widely ignored, a damning report finds today. At least 170 officials were approved for highly paid positions from February 2016 to March this year – with not a single application turned down. Civil servants who take up positions in the private sector are supposed to comply with strict anti-lobbying regulations to prevent conflicts of interest...............The report lays bare the farce of Whitehall's revolving door, which the Mail has repeatedly highlighted. The scandal has seen ex-ambassadors and military chiefs take jobs with arms firms.
UNQUOTE
They can so they do. QED. In Nigeria Bribery is a spot market; pay the bung get there result there and then. In England it is a futures market; the pay off comes later and bigger. It is harder to prove causation. Blair knows a lot about that.
Siemens In Germany Carries On Bribing Companies After Paying Over A Gigabuck In Fines [ 3 October 2018 ]
QUOTE
German media reveals how Chinese bribes for Siemens products flowed Court records uncovered by a German news investigation reveal dozens of bribery prosecutions against Siemens’ medical device distributors in China, despite massive fines imposed on the company for previous corrupt practices on five continents.Bavarian newspaper Süddeutsche Zeitung (SZ) analyzed dozens of bribery and corruption judgements made against the German industrial giant in China over the decade 2004-2014. In 2008, the company agreed to pay a total $1.6 billion in fines to U.S. and European authorities to settle charges of bribery in several countries, from Bangladesh to Iraq and Russia.
Most of the Chinese cases SZ has now uncovered related to events alleged to have taken place after the 2008 punishment...........
Among the cases was one from May 2012, when a Siemens sales representative was convicted of paying $963,000 (six million yuan) in bribes to the director of a hospital in Qinzhou to win a contract worth $5.8 million (36 million yuan)...............
Jin, who won the bid through a dealer, stashed packs of 100-yuan bills in five boxes and loaded them into Chen’s car. He was sentenced to three-years probation while Chen was sentenced to 15 years in prison.
UNQUOTE
Sacking the internal auditor was a bad move. Promoting him might have kept him quiet.
Grossly Racist Jew Uses Bribery And Coercion [ 9 February 2019 ]
QUOTE
With the injunction against the Telegraph lifted, we can now reveal the allegations against Sir Philip Green that centre around five former employees.'The female executive who was kissed, slapped and groped - and paid £1m to stay silent' Sir Philip Green is alleged to have groped a senior female executive and called her a “naughty girl” before paying her more than £1 million to stay silent about the incident. In front of other employees, the Arcadia boss is alleged to have on a number of occasions kissed the woman’s face, slapped her bottom and made comments about her weight, leaving her and others present feeling “uncomfortable”.
The woman eventually complained to her HR department.
UNQUOTE
Buying off witnesses is a standard method of getting away with crime. It was used by Roman Polanski, a Paedophile Jew, Harvey Weinstein, loud mouthed rapist and Jew. Another Paedophile Jew, one Jeffery Epstein goes in for Blackmail. See Jews, Sex Slaves, Bribery, Blackmail, Dershowitz
Jews Use Pedophilia for Profit and to Own, Control, and Destroy the Powerful [ 14 August 2019 ]
This Camelot headline is verbatim & uncompromising. Is it being denied by Jews, by God's Chosen People, they who are a Light Unto Nations? Well no, not for the moment. They are keeping their heads down, until we all forget about it.
Jews Use Paedophilia for Profit and to Own, Control, and Destroy the Powerful [ 28 November 2019 ]
QUOTE
PEDOPHILIA IS perhaps the single biggest methodology by which the Jews corrupt Gentile politicians. Although fiduciary corruption is also a very common cause for Jewish blackmail leverage against American and European holders of public office, the Jews prefer to use pedophilia, when they can, because it is an unforgivable sin in the minds of the voting public.Children have been enslaved for the purpose of prostitution since ancient times. And throughout recorded history, the Jews have been the tribe most willing to use the dirty business to gain the political conveniences that it offers.
Few novice seekers of public office understand what awaits them, if they succeed in a big way. Someone will approach a new Member of Congress, say, and invite him to a party. He’ll go. At the party, he’ll meet some faces newly familiar to him from the Capitol Building. These will be men already suborned by the Jews, and most of them will leave the party early. They were there, to begin with, merely to put the new Congressman at his ease. As the party thins out, the person who invited him will suggest that he remain for “the party after the party.”
That’s when the underage sex-slaves appear. If the rookie Congressman bows to pressure, or to temptation, then he’ll be caught in a snare from which there is no escape. The Jews will be making a video record of his molestation of a child, which they will use to keep that political figure under their thumb, forever.
UNQUOTE
Blackmail is cheaper than Bribery. In these days of tiny cameras there is no hiding from spies. The BBC is busily proving that by screwing Prince Andrew Again. Of course it protects Paedophiles like Jimmy Savile, like Rolf Harris etc. ad nauseam but that is a different part of the corruption that is the Establishment.
$390 Thousand Bribes Pay Off With $9.6 Billion Contract In Nigeria [ 4 June 2020 ]
This really is good business with a Return on Investment of 24615 times. As a percentage that is 2461500%. It is another example of the rule. Do it once. Do it right. Do it big. In this case it is not merely big; it is enormous. Of course the wonderful people of Nigeria are going to stay poor but then they were never going to be anything else. This is not about the One Percent versus the rest of us; more a case of the One In A Million. That is if it works but perhaps being too ambitious made them too obvious. Michael Quinn claims that he is dead. So did Maxwell, the mega-thief. He got away with it that time. See Ex-director in petroleum ministry remanded in prison over P&ID deal for more and better details. This particular business venture has been written up by the Organized Crime and Corruption Reporting Project, a bunch of self-righteous bores who do not quite see the fun of the thing, of high stakes gambling.
PS They nominated Joseph Muscat, the Prime Minister of Malta as the Thief Of The Year for 2019.
American Firm Paid $1 Billion Bung But A Brit Gets Six Months After Opioid Scandal [ 24 October 2020 ]
QUOTE
The British former boss of drugs group Indivior has been sentenced to six months in a US jail.Shaun Thaxter, 53, pleaded guilty in July to a criminal charge related to how the firm marketed best-selling opioid addiction treatment, suboxone. He will also pay £460,000 in fines and forfeitures. The case was brought by the US government, which accused Indivior of fraudulently marketing the drug...........
It is one of the few corporate prosecutions related to an epidemic blamed for hundreds of thousands of overdose deaths. Prosecutors claim Indivior made misleading safety claims about the film form of its flagship drug – which could be placed under the tongue and dissolved – to win endorsement from doctors and protect its share of the lucrative market. Suboxone is used by recovering addicts to ease withdrawal symptoms. But it is a powerful and addictive opioid.
Thaxter led Indivior from 2009 until July 2020, when he left abruptly with a £2.3million exit package and admitted the charge the next day...........
Indivior denies all wrongdoing and said Thaxter's sentencing is not related to the company. In July it agreed to pay £470million over the scandal. Consumer goods giant Reckitt Benckiser, which used to own Indivior until 2014, has not admitted wrongdoing, but paid £1.1billion to settle claims.
UNQUOTE
Moral 1. NEVER talk to the police. Resistance to Interrogation is always the way to go. Moral 2. Have enough money to pay the bribes, to buy off the prosecutors. It worked for Goldman-Sachs Bosses but at $2.9 billion, it wasn't cheap.
Would Israel Blackmail a US Congressman? [ 6 April 2021 ]
Would it do it any other way? Bribery is expensive. Blackmail is a life sentence and much cheaper. Epstein's "Customers" know that.
French Take The Bribes Then Don't Deliver [ 23 December 2022 ]
QUOTE
A CHANNEL people smuggler has revealed how French police watch them launching flimsy boats full of migrants and say: “Take them to England.”He also said uncaring cops have not arrested any of the near 600 traffickers operating in camps along the coast.
UNQUOTE
Now there is a surprise, isn't there? No! Macron takes millions from His Majesty's Government and laughs up his sleeve. Do les gendarmes take Bribes from the smugglers? After all they don't want Third World parasites polluting la belle France. NB The Sun can tell the truth; the Guardian will not.