Wednesday, May 12, 2004

Chiquita Spin

If I understand this article correctly, Chiquita is claiming that their payments to Colombian rebels was just a normal business expense commonly used by US companies in Central America.
Special payments by U.S. companies in Latin America - whether for faster telephone installation or security services - are known as 'facilitating payments' and are allowed under U.S. law. Chiquita says it and other American companies have done it for years.
Are they really comparing paying protection money to criminals to telephone installation? Do restaurant owners get to deduct the expense of paying of the mafia to assure their deliveries are made on time? What a large pair of bananas they have.

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