PBS Video: “Black Money”–Bribes to Win International Business

This PBS FRONTLINE video entitled “Black Money” appears to have been out since April 7, 2009, but we just came across it. In the video, FRONTLINE correspondent Lowell Bergman

investigates this shadowy side of international business, shedding light on multinational companies that have routinely made secret payments — often referred to as “black money” — to win billions in business.

“The thing about black money is you can claim it’s being used for all kinds of things,” the British reporter David Leigh tells Bergman. “You get pots of black money that nobody sees, nobody has to account for, … you can do anything you like with. Mostly what happens with black money is people steal it because they can.”