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January 21, 2010

Arms Industry Execs Indicted in Bribery Case
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Twenty-two executives and employees working in the private military
industry have been arrested in a sting operation accusing them of trying
to pay bribes to win lucrative foreign contracts. The FBI says the
accused agreed to pay a “commission” to an FBI agent posing as a
representative of an African defense minister tendering a $15 million
deal. The Justice Department says the case is the largest ever under the
Foreign Corrupt Practices Act, which bars the bribery of foreign
governments to obtain contracts.



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