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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSheldon Adelson's Las Vegas Sands Corp. says it likely violated federal anti-bribery law
Source: Associated Press
Las Vegas Sands Corp. says in a regulatory filing that it probably violated a federal law that prohibits bribing foreign officials.
The casino company said in a filing Friday that the Securities and Exchange Commission asked two years ago for records relating to compliance with the Foreign Corrupt Practices Act.
Las Vegas Sands, which is controlled by billionaire Sheldon Adelson, said that after it got the SEC subpoena Feb. 9, 2011, the audit committee of the board of directors opened an investigation.
In its annual report, filed Friday with the SEC, the company said that the audit committee "reached certain preliminary findings, including that there were likely violations of the books and records and internal controls provisions" of the anti-bribery law.
Read more: http://www.vegasinc.com/news/2013/mar/02/las-vegas-sands-says-it-likely-violated-anti-bribe
LadyHawkAZ
(6,199 posts)Raster
(20,998 posts)....was really going to elect a rethuglican justice department under Twit Rmoney that would just look the other way.
freshwest
(53,661 posts)Cha
(297,240 posts)for the reminder.
Raine
(30,540 posts)be cheaper and smarter and easier in the long run.