Fri, 07 Jan 2005

Monsanto fined $1.5m for bribery

It's how business is done in the Third World ... but unfortunately, in this case, the business being done could lead to the destruction of entire species of domesticated plants. Give the company history,

Monsanto also has admitted to paying bribes to a number of other high-ranking officials between 1997 and 2002.

I wonder if the fine ios large enough: it's less than a single day's profits for the company.

Agrochemical giant Monsanto agrees to pay $1.5m in US penalties for bribing a high-level Indonesian official.

(link) [BBC News | World | UK Edition]

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