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Japanese firm investigated for allegedly bribing Vietnam officials

16 Comments

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16 Comments
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Tenma will just bribe the investigators in Japan to drop the probe.

7 ( +9 / -2 )

"....a report compiled earlier by a Tenma-commissioned panel that looked into the case."

I imagine that if an independent panel examined the allegations, they'd find a lot more "interesting" things about Tenma and its "activities."

8 ( +8 / -0 )

And I thought bribery was what Chinese or Korean companies do

7 ( +7 / -0 )

Vietnam's Finance Ministry is investigating....

No doubt under the insistence of china. After all, they are the only ones who can bribe Vietnamese officials, right?

-6 ( +2 / -8 )

They just robbed the poor people of Vietnam. This money can make a lot of different to Vietnam social welfare system, like schools and health care systems. Criminal!

5 ( +7 / -2 )

Maybe the company didn't pay big enough bribes and angered the local officials.

0 ( +3 / -3 )

wesley:

So you're blaming China (which came out of nowhere) for these corrupt Japanese? I know, let's blame Korea and Hillary too.

1 ( +4 / -3 )

Man, these guys are in huge trouble! I predict someone will have to retire to an amakudari job in government, and someone else might even be forced to go to court for a suspended sentence while the execs say they had no idea what was in the envelope they passed to investigators, thinking it was small, bill-sized documents or large, easy-to-read business cards.

1 ( +4 / -3 )

So you're blaming China (which came out of nowhere) for these corrupt Japanese?

You don't think it was the chinese who instigated the vietnamese to conduct this "investigation"? You don't think the chinese factories in vietnam view the Japanese companies as competition? You think the chinese are not bribing the vietnamese officials?

-1 ( +4 / -5 )

Learned from local practices.

Japanese officials require 1M+ Yen “entertainments” and promises of indirect payments such as amadakurai, stock manipulations, etc. to do anything.

3 ( +3 / -0 )

Unfortunately, bribing has been the only way to get a contract in many parts of the world, no matter how good and competitive your product is. In some places it is done more than in other places, but it happens even in Germany or Scandinavia, for example. It's a sad reality.

1 ( +3 / -2 )

DNALeri: "Unfortunately, bribing has been the only way to get a contract in many parts of the world"

Why is it the solution of so many people on here to simply up and say, "Well... other people do it, too!" Okay, fine, so how do those nations deal with it when the people are caught? Because I know nothing is going to happen here.

0 ( +2 / -2 )

Management fee, research payment, coordination costs, marketing expense, administrative overhead, transactional tariff,...lots of different names for lubricating money. Can be above the table, legal, and below the table, illegal.

Can also include bar tabs, golf games, tennis breakfasts, boxes at sports events, overseas research trips, hostess bills, but cash is king, envelopes of untraceable bills.

1 ( +1 / -0 )

It’s but the tip of a humongous iceberg.

0 ( +0 / -0 )

Vietnam's Finance Ministry is investigating an allegation that Tenma Corp, a Tokyo-based manufacturer of plastic products, bribed Vietnamese tax investigators,

Never say their biggest mistake was not bribing enough officials.

0 ( +0 / -0 )

That's the way work in Vietnam. The Tax man will always blackmail for getting bribes from foreign own Company. Vietnamese local know better than foreigner about the Government department officials. They are always looking for bribery from business owners. I don't think it was wrong unless the Vietnamese Police didn't get their shares and making problem. If you don't like bribery and corruption and then don't do business in Communist Country. Corruption is every Government Ministries and departments in Vietnam.

0 ( +0 / -0 )

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