Question
QUESTION 5 - Sharp Sales Practices A US investor wants to build a 100% US owned processing plant in Nigeria. The investor wines and dines
QUESTION 5 - Sharp Sales Practices
A US investor wants to build a 100% US owned processing plant in Nigeria. The investor wines and dines senior government officials in Lagos (capital of Nigeria) and is successful in building this 100% owned processing plant. Later when the US investor wanted to sell the plant there was difficulty (as it was 100% foreign owned) and as such the US investor paid a $500,000 fee to a Nigerian government official to expedite the sale. US Department of Justice officials are now investigating the actions of this US investor. Does the US investor have anything to be concerned about based on the above facts?
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