
Yes! It is possible that firm pays for the damages caused to a society at large when caught bribing governmental officials – even Presidents! This is the case now in Costa Rica where Alcatel-Lucent, the French-American communications company, agreed to pay US $10 million to the Costa Rican State as a compensation for the “social damage” provoked to the Costa Rican society after a scandal that involved US $2.5 million in bribes to ensure a cell-phones contract under President Miguel Angel Rodriguez term (1998-2002).
The concept of “social damage” implies that a financial retribution should be made by those found guilty of a corruption crime to repair the damage caused to a society. It is a quite innovative concept introduced in 1998 in Costa Rica – unique in Latin America - that has been used by the Office of the Public Ethics Prosecutor in their investigations against two former Costa Rican Presidents and European firms, including Rodríguez and Alcatel-Lucent, involved in major corruption cases.
See full Article.
