He declined to say how much business the company has obtained in the city since it began soliciting sales last month.

After a long period of caution, he said, insurance companies have recently begun cutting prices to obtain new business.

As an executive of multinational corporations he was responsible for obtaining business in Iran and Israel.

Then, as now, the company had a strict rule against making illegal payments to obtain business.

Four former executives of the company have said they paid 20 government officials to obtain business.

Although Coastal did not want to go along with that, he said, the company was interested in obtaining business from Wedtech.

Revenue rose whilst the cost of obtaining new business was progressively cut.

This would prevent them from obtaining business at the expense of their American counterparts.

The 1977 law prohibits American corporate officials from bribing foreign governments and corporations to obtain business.

The act makes it illegal for a US company to pay foreign officials to obtain or retain business.