A Luxembourg-based subsidiary of Koch Industries has admitted to making illegal campaign contributions to political candidates and committees.
INVISTA is a limited liability company involved in the textile manufacturing business that is organized in Luxembourg but headquartered in Kansas. They admitted in a filing with the Federal Election Commission that was disclosed this week that they made 12 contributions totally $26,800 to various political committees between Nov. 2005 and Oct. 2009.
INVESTA voluntarily disclosed the violations to the FEC in Aug. 2010 after an investigation by Koch Companies Public Sector (KCPA), which represents Koch Industries and their affiliates, and outside counsel. Their investigation revealed that the employees involved with making the donation decisions did not know INVESTA was a foreign entity and did not know that foreign corporations could not contribute to state elections like corporations could.
To recap, the Koch Industries investigation of Koch Industries found that Koch Industries didn't violate the campaign donation laws on purpose, so they've decided to voluntarily throw money at the FEC to make up for it because that that's what Koch Industries does. The $4,700 that the company is paying in "voluntary fines" represents roughly the amount of money these assclowns make when they sneeze, and of course they expect the FEC will take their word for it.
Which of course they will.
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