The campaign against the Bank of England’s ongoing theft of Venezuelan gold is gaining support across the labour movement and beyond, writes MATT WILLGRESS
Ericsson: sham contracts, bribes and Isis
The Swedish multinational has been caught breaking laws against bribery around the globe — but are its actions really that different from the ‘lobbying’ tactics available to corporations legally, asks SOLOMON HUGHES
MOBILE PHONE firm Ericsson is in the middle of a vast corruption scandal.
Some details are really shocking — like probably paying off Isis terrorists in Iraq — but I’d like to look at some of the more mundane nuts and bolts of how bribes are paid, because they show how prosecutable corruption is closely related to a more general, systemic corruption.
Corruption features in the international mobile phone business because networks typically rely on licences from governments or subcontracts with national phone companies.
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