WORLDPOST

Left Out: Victim Countries See Little Of Bribery Settlements

03/26/2013 03:32 pm ET | Updated May 26, 2013

Despite a major push in recent years to crack down on corporate bribes to foreign officials, virtually none of the money paid in penalties has gone back to countries where the crimes occurred. Preliminary results of a report on government settlements in hundreds of bribery cases showed that out of $6.4 billion in penalties, only $185 million, or less than three percent, went to compensate victim countries.

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