If we're paying attention we're aware that Asian business and government figures involved in crime or corruption can be in big trouble. In China there's a special department in their judicial system that looks for criminal behavior at the most elite levels. Nobody hears about one of their investigations or arrests until it's noticed that the offender hasn't been seen for a period of time. Chen Shaojie, a boss at DouYu, and pharmaceutical executive Zhao Bingxian are both being held by authorities. A recent South Korean president was imprisoned for corruption and cronyism.
Americans realize that this practice is much different than what happens in similar circumstances on the fruited plain.
The Yankees settle debts to society with money. The latest case involves the makers of the celebrated I-Phone, Apple, current stock valuation $182.41 per share.
The US Dept. of Labor has established a PERM program, a permanent labor certification issued by the Department of Labor (DOL) that allows an employer to hire a foreign worker to work permanently in the United States. Typically, it's a complicated process.
The Dept. of Justice says the company didn't adequately advertise openings and required applicants to submit hard copy applications and has charged them with a violation of anti-discrimination procedures. Apple admits to its failure and in an agreed settlement will pay $6.75 million in civil penalties and establish an $18.25 million fund to compensate discrimination victims.
Of course this money will come from the account of Apple itself, not from the personal funds of Apple management, who seemed to be sorry for their lack of attention to the requirement. And in what's actually a violation of federal law so serious that $25 million is involved, no company executive is being fined, put on probation, incarcerated, ordered to attend classes or perform community service. The Department of Justice does get $6.75 million to use for something or other.
No comments:
Post a Comment