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Tag: Relatives

Hiring Relatives Could Be An Illegal Bribe

Doug Cornelius August 19, 2015August 19, 2015 Bribery and Corruption   [+]

In the case of BNY Mellon, it was an illegal bribe in violation of the Foreign Corrupt Practices Act. The Securities and Exchange Commission charged BNY Mellon that it violated the Foreign Corrupt Practices Act by providing internships to family members of foreign government officials affiliated with a Middle Eastern sovereign wealth fund. The unnamed … Read more »

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