Trump Administration Gives All Clear to Laundering Money through Shell Companies and Bribing Foreign Officials

Trump Administration Gives All Clear to Laundering Money through Shell Companies and Bribing Foreign Officials: 

Excerpt: ″On February 10, President Donald Trump issued an Executive Order that suspended the Foreign Corrupt Practices Act (FCPA) for 180 days, giving an all clear to U.S. corporations to bribe officials in foreign countries to get business deals approved. 

The order bars federal prosecutors from starting any new FCPA investigations, enforcing new actions and orders a review of existing FCPA investigations to “restore proper bounds” on applying the FCPA law. 

 The FCPA, enacted in 1977, has been the law of the United States for almost half a century....its purpose as follows: “Foreign bribery is a scourge that must be eradicated. It undermines the rule of law, empowers authoritarian rulers, distorts free and fair markets, disadvantages honest and ethical companies, and threatens national security and sustainable development.”″

Source: wallstreetonparade.com