British American Tobacco (BAT) faces a new call for an investigation into its African business practises, this one from an anti-smoking group that asked US authorities to probe money-laundering allegations.
A British newspaper, The Guardian, published new allegations that BAT may have moved substantial sums of US dollars across borders during the conflict in the Democratic Republic of Congo. Campaign for Tobacco-Free Kids called on US authorities to launch their own investigation. BAT has said it is under investigation by the UK Serious Fraud Office.
“Given British American Tobacco’s decades-long history of calculated deception in the United States and abroad and its re-entry into the US market, the mounting allegations of corruption and mass concealment of funds by BAT must be fully investigated by US regulators for possible violations of the Foreign Corrupt Practices Act and any other applicable criminal or civil laws,” said Matthew L. Myers, president of the Campaign for Tobacco-Free Kids. BAT recently acquired the 58 per cent of Reynolds American that it did not already own.