Las Vegas Sands Corp. (LVS), embroiled in two U.S. probes and a court battle with the former head of its Chinese casino business, said for the first time that it probably violated the U.S. Foreign Corrupt Practices Act.
“There were likely violations of the books and records and internal controls provisions of the FCPA,” Sands said in its annual report, citing an internal investigation by the audit committee of the Las Vegas-based casino company, which is controlled by billionaire Sheldon Adelson.
via Las Vegas Sands Probably Broke Foreign-Practices Law – Bloomberg
