Bribery in business in Brazil: would you pay it to obtain a large contract?
September 23rd, 2022
Case: I am is trying to secure a contract for the sale of auto parts worth $30 million to the transport ministry of Brazil. Many European firms are also eager to seek the contract. A local accountant who has been working with me in the past suggests that my company can receive the contract if I am willing to deposit $1 million in the Swiss bank account of the person in charge of the ministry.
Question: Would you? Will your answer differ if you worked for a European firm?