PET 0.00% 2.5¢ phoslock environmental technologies limited

Try a bit harder to leap into the 21st century & stop being...

  1. 678 Posts.
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    Try a bit harder to leap into the 21st century & stop being culturally intolerant (rascist).
    The legal framework developed in China during this century very clearly treats bribery as a crime. Their criminal code does not recognise "facilitation payments". It imposes harsh penalties on those who seek bribes ( including gov officials) & those who pay them.

    China has taken huge steps to integrate international laws & norms into it's business enterprises and commercial laws. ... yes, it probably has some way to go, but still it is far ahead of the mid 20th century view you seem to hold. Fascinated to hear more about your goat trades though bahahahaha.

    As far as the bribes to keep things quiet on the death & water polluting, you are way off the mark & again are displaying blatent rascism.

    "the files show highly suspicious payments to shake off an investigation into an accidental death" "a senior Phoslock employee in China told KPMG some of this money was used as cash for payments of bribes to police to prevent them from pressing criminal charges" .... "allegedly made illicit payments to dump dirty water and pay off environmental inspectors" ... you think none of this is suss because of the rascist mid 20th century views you hold about China. It's illegal in China just as it is for a public Australian company.

    I'm sure you are a common man, but your knowledge and opinions are less common, in fact probably representative of an aging minority.

    Also stop misquoting the article, it makes you look even more ignorant.

    "This masthead is not suggesting any individual is guilty of any crime, a finding that can only be made by a court in the event the federal Police, corporate watchdog and commonwealth prosecutors believe there is enough evidence to pursue a case." This is the media's lawyers avoiding any defamation, nothing else.


 
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