This question was closed without grading. Reason: Other
Jun 22, 2010 09:11
13 yrs ago
17 viewers *
French term

rétrocommission

French to English Bus/Financial Finance (general)
As is used in the context of the Karachi affair, when Balladur received "rétrocommissions" on arms deals to finance his campaign. I thought of using kickbacks, but kickbacks are bribes and are completely illegal. "Rétrocommissions" are shady, but may have been legal at the time (in 1994).

The context: QU’EST-CE QU’UN CONTRAT D’ARMEMENT ET UNE RÉTROCOMMISSION ?

Ce sont des intermédiaires, qui, au lieu de distribuer l’argent dans le pays acheteur, reversent les fonds, généralement en espèces, au sein du pays vendeur.
Proposed translations (English)
3 +2 kickback

Discussion

rkillings Jun 23, 2010:
Not always illegal Might as well use the word 'kickback'. Plenty of entirely legal payments, esp. from auto makers and their finance arms back to car dealers, are not inaccurately described as kickbacks -- without flattering intent, of course. The pejorative connotations are not out of place in your context, it would seem.

Proposed translations

+2
1 hr

kickback

While paying bribes to foreign agents was legal at the time, kickbacks - or retro-commissions, as they are called here - were not (http://www.newkerala.com/news/fullnews-121282.html)
Peer comment(s):

agree Jack Dunwell
10 hrs
Thanks!
agree EricBT : You may also add "retro-commissions" between brackets at the first appearance of this kickback in your text.
21 hrs
Thank you ! This is a usefull addition, indeed.
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Reference comments

29 mins
Reference:

BBC News - Sarkozy queried over Pakistan arms cash
4 Jun 2010 ... When a major arms or oil contract was negotiated with a foreign country ... If the claims of secret funding through "retro-commissions" were ...
news.bbc.co.uk/2/hi/world/europe/10240508.stm - Cached

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Note added at 29 mins (2010-06-22 09:41:09 GMT)
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'Bribes and bombs' scandal returns to haunt Sarkozy - Europe ...
26 Jun 2009 ... non-payment of arms contract "commissions" to senior Pakistani officials. ... and all other arms payments on which "retro-commissions", ...
www.independent.co.uk › News › World › Europe - Cached - Similar
Note from asker:
Hi Liz, I would like to give you points for your answer. If the BBC and the Independent use "retro-commissions" in quotes, I can to. Especially since the text later explains what they are. Please submit "retro-commissions" as an answer and I'll give you the points.
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