[lbo-talk] Exporting democracy, corporate style

B. docile_body at yahoo.com
Wed Mar 2 01:46:44 PST 2005


Titan to pay $28.5m in foreign bribery case

By Andrew Parker and Christopher Bowe in New York

Financial Times

Published: March 2 2005 00:30

Titan Titan, the US military communications company, is to pay $28.5m in fines after pleading guilty to criminal charges that it violated legislation banning the bribery of foreign officials.

Titan on Tuesday settled charges brought by prosecutors and regulators who accused the company of wrongly channelling $2m to the 2001 re-election campaign of Mathieu Kerekou, president of the west African state of Benin.

http://news.ft.com/cms/s/5891c8ae-8ab1-11d9-9059-00000e2511c8.html

===== "I'm not too worried by hegemony / I know the cadre will look after me" - Magazine, "Model Worker," 1978



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