Tuesday, September 4, 2012

Government Procurement Bribes Can Be The Basis of International Whistleblower Rewards: What Awaits Investors in the Far East After APEC | 2012 | APEC Russia 2012 | The Moscow Times

Government Procurement Bribes From Increased Government Procurement Spending Can Be The Basis For International Whistleblower Rewards:  International Whistleblowers Are Receiving Large Financial Rewards for Exposing Government Procurement Bribe Schemes and other Government Corruption by International Government Procurement Bribe Lawyer, International  Procurement Contract Bribe Lawyer, and International Procurement Illegal Kickback Whistleblower Lawyer Jason S. Coomer

Worldwide government purchasing or government procurement is estimated to be over $10 Trillion each year and is expected to continue to increase as many countries are investing in large infrastructure projects and public health projects.  Of this large amount of government purchasing, it is estimated that as much as 20% may be through illegal bribes, kickbacks, and other illicit payments.  Government procurement spending includes military spending; public works projects; public health care (pharmaceuticals, medical equipment, & hospitals); ports, transportation, & roads; mining and oil extraction; power grid and stations; education; law enforcement; and sanitation services.  Because of the vast amount of money spent by governments on government procurement, there are many different types of government procurement illegal bribery schemes, illegal kickback schemes, and other illicit payment schemes that have been created to steal money from the public at the expense of a country's citizens.

If you are aware of a government procurement illegal bribery scheme, illegal kickback scheme, and other illicit payment scheme, it is important that you learn how to properly report the government corruption and determine the best way to expose the corruption.  For more information on this topic, please go to the following web pages: Government Procurement International Whistleblowers and Latin America Procurement and Contract Bribe Whistleblowers.

What Awaits Investors in the Far East After APEC | 2012 | APEC Russia 2012 | The Moscow Times

Far East Development Minister Viktor Ishayev has called for increased state spending on infrastructure, mainly railroads and highways, that could facilitate mining, logging and other local businesses.

"This is the only way for us to get serious development," he said at a meeting dedicated to the Far East, chaired by Prime Minister Dmitry Medvedev in July. "Where there are roads, there is life."
Former and present business leaders have pushed another agenda. The government must announce tax breaks and rebates for any new businesses in the Far East, said Pavel Maslovsky, a Federation Council senator who formerly worked as a mining director in the region.

"The solution is to create a special economic zone for the entire Far East," he said. "A special taxation regime could drive the economy forward."

One of the heaviest burdens, the profit tax, needs to disappear altogether for a while, he said.
"It should be a total zero," Maslovsky, who led the Petropavlovsk company, said in an interview. "Why be petty about this?"

Investors in a new Far Eastern enterprise could use breaks for the value-added and property taxes, he said. The social tax, charged on the payroll, could stay, but at a lower rate.
"As a former executive of a metallurgic company, I know that would give a strong push to the things there," Maslovsky said.

Given these conditions, private companies could bankroll construction of some of the required roads and power lines to remote natural-resource deposits, rather than wait for the state to make these basic investments, he said.

Maslovsky mentioned the need for a rail connection between Magadan and the country's railway system. There's also demand for greater capacity of the one-track Baikal-Amur Railway. Companies use the railway to transport coal, timber and other resources, mainly for export from the Pacific coastal ports.

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