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Monsanto Fined $1.5m For Bribery

Monsanto Fined $1.5m For Bribery
27/06/2012 Mike

2005-01-17
http://friendsoffreedom.org/article.php?sid=3997

The US agrochemical giant Monsanto has agreed to pay a $1.5m (£799,000) fine for bribing an Indonesian official. Monsanto admitted one of its employees paid the senior official two years ago in a bid to avoid environmental impact studies being conducted on its cotton. In addition to the penalty, Monsanto also agreed to three years’ close monitoring of its business practices by the American authorities.