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business ethics

Business Ethics

Posts like these really get me going. It is common knowledge that politicians are not the most ethical people out there. In this case, Russian’s Sports Minister, Vitaly Mutko, is being investigated for mis-spending millions of dollars during his stay at the 2010 Vancouver Olympics. Although this case has not been proven yet, there have many cases in which government representatives abuse our tax money for luxury lifestyles. A couple of weeks ago, I have read about BC ministers enjoying first class flights and premium seats at the Olympics! The main ethical issue is that those in high positions, especially those related to the government, are indulging themselves through people’s tax money. Isn’t the government suppose to set an example for the rest of society? Where does business ethics come in?

In just one example cited by the auditors, Mr. Mutko charged 97 breakfasts to the Russian taxpayer during his 20-day stay in Vancouver. Why he would need five breakfasts per day — costing $4,500 in total — went unexplained.

To find out more, check out:
http://www.theglobeandmail.com/news/national/british-columbia/russia-launches-fraud-investigation-into-vancouver-2010-spending/article1708865/

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