A new article by Bloomberg News reporters Asjylyn Loder and David Evans profiles decades of corporate crimes at the petrochemical and commodity speculating giant Koch Industries. Some of the examples, like a pipeline explosion that killed two teenagers and a cover-up of heightened benzene releases in Corpus Christi, have been well-documented. However, the report outlines new scandals, including a Koch scheme to sell petrochemical products for the state-owned National Iranian Petrochemical Company to build a methanol plant in Iran. The company has also apparently been “involved in improper payments to win business in Africa, India and the Middle East,” actions that may open Koch Industries up to prosecution under the Foreign Corrupt Practices Act, a law that prohibits American companies from bribing foreign officials.
These are same Koch Brothers who are currently supporting the Tea Party and most of the Republican Party. There are the political parties that support big business and to hell with our country or the working poor and the middle class.
Related articles
- Business Mag Expose Says Koch Brothers Were Supplying Iran In Possible Violation of U.S. Trade Embargo (crooksandliars.com)
- Koch Brothers Skirted Iran Ban, Made Millions: Report (newser.com)
- Droit du seigneur, Koch-style (firedoglake.com)
- This looks like it is a huge story: Koch Brothers Flout Law Getting Richer With Secret Iran Sales (jhaines6.wordpress.com)
- The Koch Method (politicalwire.com)
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