Question
UnderSection 1ofRA 3019or the Anti-Graft and Corrupt Practices Act, it is the policy of the Philippine Government, in line with the principle that a public
UnderSection 1ofRA 3019or the "Anti-Graft and Corrupt Practices Act", it is the policy of the Philippine Government, in line with the principle that a public office is a public trust, to repress certain acts of public officers and private persons alike which constitute graft or corrupt practices or which may lead thereto.
On the other hand, The Foreign Corrupt Practices Act prohibits giving anything of value to a foreign official in an effort to win or retain business. However, the FCPA does allow payments that may be necessary to expedite or secure "routine government action." For instance, a company could make "grease" payments to obtain permits and licenses or to process visa or work orders.Also allowed are payments to provide telephone service, power and water supply, and loading and unloading of cargo.
In light of the aforementioned laws against corrupt practices, and as a student studying ethical business practices, how would you act in the following situations:
1.) Your company is moving toward final agreement on a contract in Pakistan to sell farm equipment. As the contract is prepared, officials ask that a large amount of funds be included to enable the government to update its agriculture research. The extra amount is to be paid in cash to the three officials you worked with. Should your company pay?
2.) You have been negotiating with a government official in Niger regarding an airplane maintenance contract. The official asks to use your Diner's Club card to charge$2,028 in airplane tickets as a honeymoon present. Should you do it to win the contract?
3.) Your firm has just moved you to Malaysia, and your furniture is sitting on the dock. Cargo handlers won't unload until you or your company pays off each local dock worker. Should you pay?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started