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elleng

(130,865 posts)
Sat Mar 2, 2013, 10:42 PM Mar 2013

Casino Operator Admits Likely Violation of an Antibribery Law. ADELSON!

Source: nyt/ap

— Las Vegas Sands Corporation, the casino company controlled by the billionaire Sheldon G. Adelson, says in a regulatory filing that it probably violated a federal law that prohibits bribing foreign officials.

The casino company said in a filing Friday that the Securities and Exchange Commission asked two years ago for records relating to compliance with the Foreign Corrupt Practices Act.

Las Vegas Sands said that after it got the S.E.C. subpoena on Feb. 9, 2011, the audit committee of the board of directors opened an investigation.

In its annual report, filed Friday, the company said its audit committee had “reached certain preliminary findings, including that there were likely violations of the books and records and internal controls provisions” of the antibribery law.



Read more: http://www.nytimes.com/2013/03/03/business/in-filing-casino-operator-admits-likely-violation-of-an-antibribery-law.html?hp&_r=0

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Casino Operator Admits Likely Violation of an Antibribery Law. ADELSON! (Original Post) elleng Mar 2013 OP
And no doubt the board members were all shocked (SHOCKED!) that such things were going on. beac Mar 2013 #1
This message was self-deleted by its author guyton Mar 2013 #2
a president romney would have buried this whole mess leftyohiolib Mar 2013 #3
And the R's are claiming...... Grassy Knoll Mar 2013 #4
Expect a junior executive to get a slap on the wrist and a strong tongue lashing. progressoid Mar 2013 #5
Does this mean that adelson is culpable? harkonen Mar 2013 #6
'likely violations of the books and records and internal controls provisions of the antibribery law' elleng Mar 2013 #7
One of the predictable problems with Citizens United. McCamy Taylor Mar 2013 #8
IOKIYAR TexasTowelie Mar 2013 #9
Just think They_Live Mar 2013 #10

beac

(9,992 posts)
1. And no doubt the board members were all shocked (SHOCKED!) that such things were going on.
Sat Mar 2, 2013, 10:48 PM
Mar 2013


Still, here's hoping there will be SOME kind of consequences for Slimy Sheldon.

Response to elleng (Original post)

Grassy Knoll

(10,118 posts)
4. And the R's are claiming......
Sun Mar 3, 2013, 12:00 AM
Mar 2013

that it's because he backed Robme, LOL
If Charles Manson and OJ were R's They would
be free.

 

harkonen

(36 posts)
6. Does this mean that adelson is culpable?
Sun Mar 3, 2013, 01:51 AM
Mar 2013

I'd just like to see him sharing a cell with Bernie Madoff or Charlie Manson. Is that possible Capt. Picard?


elleng

(130,865 posts)
7. 'likely violations of the books and records and internal controls provisions of the antibribery law'
Sun Mar 3, 2013, 01:59 AM
Mar 2013

suggests they'll try to insulate him from culpability.

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