CROSS-BORDER BRIBERY AND TRADE

* The Issue: The Financial Times reported allegations by Kaveh Moussavi, a representative for IBM in Mexico, that IBM lost a $21 million bid to update Mexico's air traffic control system by failing to pay a $1 million bribe in Mexico.

* The Case: Moussavi is filing defamation and breach of contract suits against IBM, IBM de Mexico, and a former Mexican minister for backing off the claim.

* The Impact: International bribery cases involve complex debates over jurisdiction. Moussavi's case will be raised in hearings before the Senate Commerce Committee on NAFTA problems.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK