Agrochemical giant Monsanto is embroiled in a major corruption scandal in Indonesia. The company has admitted to paying bribes to Indonesian officials to evade conducting an environmental impact study, needed as a prerequisite for cultivating genetically modified crops in the country. On January 6, 2005, Monsanto agreed to pay us $1.5 million as fines to settle the criminal and civil charges against it in this regard. In the settlement reached with the us Department of Justice (doj) and the Securities and Exchange Commission (sec), it also consented to adopt internal compliance measures and cooperate with investigations.
The doj said Monsanto violated the Foreign Corrupt Practices Act by illegally paying us $50,000 to a senior official in Indonesia's environment ministry in 2002. The sec has also charged it with making at least us $700,000 of "illegal or questionable payments" to "at least 140 current or former Indonesian government officials and their family members". Indonesia's Corruption Eradication Commission has said it will investigate the case.
We are a voice to you; you have been a support to us. Together we build journalism that is independent, credible and fearless. You can further help us by making a donation. This will mean a lot for our ability to bring you news, perspectives and analysis from the ground so that we can make change together.
.png)
Comments are moderated and will be published only after the site moderator’s approval. Please use a genuine email ID and provide your name. Selected comments may also be used in the ‘Letters’ section of the Down To Earth print edition.