Koch Brothers Flout Law With Secret Iran Sale

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Koch Brothers Flout Law With Secret Iran Sale

Postby admin » 03 Oct 11, 5:29 am

Primary financial backers of the Tea Party are in trouble


http://www.bloomberg.com/news/2011-10-0 ... sales.html


Bloomberg Markets Magazine reveals in this article for example that:

- Koch Industries used the European offices of their subsidiary Koch-Glitsch to sell millions of dollars of petrochemical equipment to Iran in an apparent violation of the US-Iran trade embargo, as recently as 2007

- Internal documents of Koch Industries prove that the company took elaborate steps to ensure that their US-employees weren't involved in the sales to Iran

- Koch Industries paid bribes in six countries from 2002 to 2008 to win business in Africa, India and the Middle East, comparable to similar behavior of German technology giant Siemens (Siemens subsequently had to pay a $ 1.6 billion fine!)

- Koch Industries sacked a compliance officer in France in June 2009 who discovered the illegal bribes at Koch Industries subsidiary Koch-Glitsch
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Re: Koch Brothers Flout Law With Secret Iran Sale

Postby Jack Flash » 03 Oct 11, 6:27 am

That will cause a commotion in certain circles

Ron Paul is looking better and better :D
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Re: Koch Brothers Flout Law With Secret Iran Sale

Postby cerina » 03 Oct 11, 9:42 am

It will get swept under the carpet along with all the other Tea Party crumbs they don't want discovered.
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