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Berlusconi says, Bribes are necessary for doing business globally

Posted By yihan On February 15, 2013 @ 12:23 pm In Money Watch | Comments Disabled

The Indian Express [1]
February 15, 2013

Defending Finmeccanica’s jailed ex-CEO Giuseppe Orsi, Italy’s three-time former prime minister Silvio Berlusconi said Thursday that bribes are a necessary part of doing business globally.

“Bribes are a phenomenon that exists and it’s useless to deny the existence of these necessary situations,” Berlusconi said in a televised interview.

“These are not crimes. We’re talking about paying a commission to someone in that country. Why, because those are the rules in that country,” he was quoted as saying by Bloomberg.

Italian news agency ANSA quoted Berlusconi as saying that probes by Italian prosecutors into contracts Italian firms sign abroad were a form of “economic suicide”.

Full Story here. [1]

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[1] The Indian Express: http://www.indianexpress.com/news/berlusconi-says-bribes-are-necessary-for-doing-business-globally/1074335/

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