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Company that Paid Hillary Clinton $335K for Speech Slapped With SEC Bribery Suit
A tech company that paid Hillary Clinton $335,000 to give a speech in 2014 settled a dispute last week with the Securities and Exchange Commission, which claims the corporation repeatedly bribed foreign political officials to promote its products and gain a business advantage.
Qualcomm, a wireless telecommunications company based in San Diego, paid $7.5 million to settle the SEC probe. In a statement announcing the settlement last week, the commission accused the company of violating the Foreign Corrupt Practices Act between 2002 and 2012 by hiring unqualified relatives of Chinese officials and providing them with luxury gifts that had “no valid business purpose.”
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