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China to open graft investigation into foreign telecom firms
Japan Today ^ | Thursday, November 11, 2004 at 04:08 JST

Posted on 11/10/2004 7:26:12 PM PST by DeaconBenjamin

BEIJING — Chinese authorities will investigate Lucent Technologies and other foreign telecom equipment makers to see if graft was involved in multibillion-dollar deals in China, the official Xinhua News Agency reported Wednesday.

The Lucent investigation could open lines to information on corruption throughout China's telecom industry, Xinhua said. (Kyodo News)


TOPICS: Business/Economy; Foreign Affairs; Government
KEYWORDS: china; lucent; trade
Stop me before I take another bribe!
1 posted on 11/10/2004 7:26:13 PM PST by DeaconBenjamin
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To: DeaconBenjamin
Sounds like they didn't get their cut...


2 posted on 11/10/2004 7:44:55 PM PST by darkwing104 (Let's get dangerous)
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To: DeaconBenjamin

All domestic Chinese companies will be exonerated, but plenty of foreign companies will be found guilty.


3 posted on 11/10/2004 7:47:12 PM PST by IStillBelieve (G.W. Bush '04: Biggest popular-vote victory in history, and first popular-vote majority in 16 years!)
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To: DeaconBenjamin

Rich with irony!


4 posted on 11/10/2004 10:14:55 PM PST by sixmil (11/2/2004 - And there will be great wailing and gnashing of teeth)
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