RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Crony statism: Nike in Kenya bribery probe Sat Mar 05, 2016 10:47 pm | |
| When a Chinese clothing company swooped in and offered to sponsor Kenya's famed runners, Nike panicked, Kenyan officials say.
"Can we talk about the situation?" a Nike executive wrote to a Kenyan official after hearing the news that the Kenyans wanted to end their deal with Nike. "You and I go back a long way."
What followed - according to email exchanges, letters, bank records and invoices - has led to a major scandal in Kenya, a country in the midst of its biggest war against corruption in years.
Read more: http://www.smh.com.au/business/nike-in-kenya-bribery-probe-20160305-gnblk1.html#ixzz425iLW7Yb |
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