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Summary of Black Money

Autor:   •  October 25, 2016  •  Coursework  •  706 Words (3 Pages)  •  586 Views

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What is black money? It is used for all kinds of things such as bribe and corrupt. People get pots of black money that nobody sees, nobody has to account for and they can do anything they like. Depending on the religion and belief, there is a thing called temptation, which is promoted by the devil who was a fallen angel.

This is a program that tells a worldwide corruptions and bribery. It’s become pivotal to the new crackdown on international bribery. The purpose of the program is to tell the truth and committed to build a more just, verdant, and peaceful world, also committed to raise public awareness. It begins with the notorious BAE case and the most important person is Prince Bandar who is a friend to princes and presidents in both sides. Saudi Arabian cannot directly by the arm form the United States because there is problems with Congress, because the Israel lobby, but it is easier politically buy this equipment from the United Kingdom and secretly. For that reason, British Prime Minister Mrs. Thatcher and Saudi government sign the deal call Al Yamamah Contract and in her opinion, the deal will lead to more jobs and social wealth to British people with all money are paid by oil. However, the bribery begins, Prince Turki Nasser has more jets or more mansions in Beverly Hills and there were some nice aircrafts. Money didn’t to be tight anymore. All the bills for the services should be directed to BAE System such as Charter a 747 from Los Angeles to take all the purchases back to Saudi Arabia as well as Prince Turki Nasser’s daughter’s lavish, two-month round the world honeymoon, By investigation, BAE responded that it was highly confidential and it is a government to government contract.

The Watergate ear sparked the US tough anti-bribery law. Surprisingly, there are a voluntary disclosure program with some 500 or more companies eventually came in and made disclose. According to them, it is known that Securities and Exchange Commission had gotten testimony, they couldn’t sell in competitions with the French and British and other overseas if they didn’t bribe officials who were in charge

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