Rex Tillerson said the US should not water down a law that prohibits US companies from bribing foreign officials. He think is "very unwise to roll back the Foreign Corrupt Practices Act)," he said at the #ArgusCrude Summit | #OOTT @HoustonFowler reports:
On @MeetThePress , Sen. David Perdue (R-GA) claims L'Affaire Ukraine was motivated only by Trump's desire to root out corruption. If that's the case, why is the White House trying to weaken the Foreign Corrupt Practices Act, according to Larry Kudlow?
Kudlow is asked about Trump’s complaints that American companies are not allowed to bribe people overseas, and if the adm has a view on the Foreign Corrupt Practices Act, which makes bribes illegal: “We are looking at it and we have heard some complaints from our companies.”
To remind, it is illegal to offer foreign government officials bribes. Giving Putin a $50 million penthouse would violate the Foreign Corrupt Practices Act.
Among Flynn's lawyer's listed specialities? Cases involving the Foreign Agents Registration Act and Foreign Corrupt Practices Act.