Business bribes and ethics: would you pay $1M ransom for a foreign manager?
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Topic: Business bribes and ethics
Case: The manager of one of your Latin American Subsidaries has been kidnapped by a communist group. You are informed that he will be release unharmed if you company pays $1 million in ransom to the group. You discover that the ransom payment would be illegal in the country. What would you do?
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Solution Summary
The solution puts forward an approach to try to secure the return of the manager. Particular comments are made about the illegality of the payment.
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I will have no choice but to contact the police first, and let them handle this kidnapping case. I have read about some top rich people in my home country (HK) actually paid the ransom themselves and not contacting the police at all because they want to settle ...
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