31 October 2009
Update on Saab Bribery Donations in Korea
The allegations are rather different from the run of the mill bribery cases, where someone pays a government official to buy their products.
Instead, it is alleged that Saab paid bribes to get information on Korea's indigenous fighter program, so as better to compete for business.
SAAB is denying this.
The core of the allegations is that the president of the Security Management Institute (SMI), a private research company, was invited to a trade seminar in Sweden, and that SAAB covered his expenses, to the tune of $17,200.
Me, I'm just confused.
Earlier post.
Instead, it is alleged that Saab paid bribes to get information on Korea's indigenous fighter program, so as better to compete for business.
SAAB is denying this.
The core of the allegations is that the president of the Security Management Institute (SMI), a private research company, was invited to a trade seminar in Sweden, and that SAAB covered his expenses, to the tune of $17,200.
Me, I'm just confused.
Earlier post.
Labels:
Aviation
,
Corruption
,
Defense Procurement
,
Far East
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