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Shocka

Turns out there’s corruption in China.:

China indicted four Rio Tinto employees held since July and plans to prosecute them on allegations of bribery and violating commercial secrets, Chinese state media reported Wednesday.

Round up the usual suspects.

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6 comments to Shocka

  • SK1

    What, no Chinese Water Torture???

    How about the guys who ran Chinese Factories and took off with all the profits when the economy tanked in Fall 2008 – Many owed their suppliers of materials & workers thousands of dollars – I bet they knew they were likely to be charged with “failing to pay proper respects to the State”, rounded up and shot – THEN, after they were dead, they would be given a “fair” trial….

  • “Your winnings, sir…”

  • virgil xenophon

    Anyone still alive who experienced pre-WWII China could tell you a thing or two about the tendencies for massive corruption in Chinese society. Very little out-ward violence or thievery but massive behind-the scenes corruption at all levels–both governmental and civilian.

    • ProwlerAMDO

      Good G-D VX!!!

      I know you’ve mentioned you’re getting up there in age, and you certainly have an enjoyable crankiness that’s aged like a fine wine, but PRE-WWII China! You’re not the kid from Empire of the Sun are you? I think Brabancourt’s pickled your organs ;)

  • claudio

    Even hangings has not had the desired effect of limiting corruption in China. These guys and others prosecuted are usually scapegoats who happened to miss paying off the right people. Thus, examples, both internally to others who don’t spread the wealth, and externally to show how tough the PRC is on corruption. Two birds with one stone (rope).

    The “baksheesh” mentality is extremely prevalent throughout the world, especially in developing countries, where most of the labor force is to be found. It is extremely difficult for US companies to conduct business in these areas while operating withing the boundaries of the Foreign Corrupt Practices Act. BAE just agreed to a 400 million “donation” to resolve allegations. It is my belief that they will continue to walk the line and sometimes kind of step on it. All about stockholder returns you know.

    http://www.washingtonpost.com/wp-dyn/content/article/2010/02/07/AR2010020702506.html

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