Huffpost Business

10 Companies Accused Of Bribing Foreign Countries (PHOTOS)

Posted: Updated:

It's sketchy business, bribing foreign officials -- sketchy enough that it's hard to believe some of America's most well-known companies have been accused of the practice.

Nevertheless, brands as popular as Johnson & Johnson, Ralph Lauren and Walmart Mexico have all allegedly found themselves mixed up in the work of handing over cash, kickbacks or other considerations in exchange for law-bending favors.

Today, corruption costs the global economy some $2.6 trillion ever year, or 5 percent of global GDP, according to the World Economic Forum. But at least in the United States, there are signs of stricter enforcement.

Who else has stood accused of bribing foreign officials? Find out below:

Also on The Huffington Post

Close
10 Companies Accused Of Bribing Foreign Countries
of
Share
Tweet
Advertisement
Share this
close
Current Slide

Suggest a correction

Around the Web

Defending the Indefensible - Collusion, Corruption and Corporate Control

Chinese Corporate Corruption Revealed Through Microblogs; Why Don't We Do ...

Brazil takes another step to crack down on corporate corruption

Anti-corruption high on corporate agenda, low in practise: UK study