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Bearman

SFO to investigate Rolls Royce

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The Serious Fraud Office are to investigate whether RR paid bribes to secure contracts.

The Americans are waiting to see if they should take punitive action against RR.

The Americans WILL fine RR given half a chance.

Talk about shooting ourselves in the foot. Can you imagine the French taking any action against a French company that had secured work for French workers?

I'm not saying that paying bribes is the right thing to do but highlighting this ( if it's proved to be true ) will be of no benefit to anyone except Rolls Royces commercial competitors and this countries international competitors.

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American firms in similar situations just "donate" to the relevant senators on the relevant committees and they get the work.  I really struggle to see the difference.  Every other nation has massive protectionism in place to protect their domestic companies yet the UK seems to be only interested in punishing our own while sucking up to those foreign companies that pay little or no tax here.

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American firms in similar situations just "donate" to the relevant senators on the relevant committees and they get the work.  I really struggle to see the difference.  Every other nation has massive protectionism in place to protect their domestic companies yet the UK seems to be only interested in punishing our own while sucking up to those foreign companies that pay little or no tax here.

 

This is what I don't understand. I could appreciate placating the big paymasters if they contributed to the Exchequer, but we seem to go the other way; nailing our own at the expense of external/outgoing companies, bemuses me no end.

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