Tagged: Bribery

NEWS: AB InBev Fined For Bribery

The world’s largest brewer Anheuser-Busch InBev (AB InBev) has been fined $6 million for paying bribes to officials.
AB InBev has been fined $6 million after being caught bribing Indian officials to boost sales of its beer – and then trying to silence a whistleblower by threatening them with a $200,000 fine.
The Securities and Exchange Commission (SEC) of the United States said that AB InBev would pay $6 million to settle charges that an Indian unit of the beer giant made unethical payments to Indian government officials and then threatened a whistleblower who reported the misconduct…

NEWS: Alcohol Industry Involved In Big Tobacco Bribery

A few weeks ago BBC’s Panorama exposed corruption at one of Britain’s biggest companies: British American Tobacco. Reporter Richard Bilton uncovered evidence that employees bribed civil servants and politicians across Africa – undermining a United Nations campaign to save lives.
The evidence of bribery schemes conducted by the UK’s British American Tobacco (BAT) now shows that the alcohol industry is entangled, too. The scandal also involves BAT rival Mastermind Tobacco as well as East African Breweries Limited (EABL)…