Meanwhile, in London, the Company directors were beginning to realise for the first time how powerful they were. In 1693, less than a century after its foundation, the Company was discovered to be using its own shares for buying the favours of parliamentarians, as it annually shelled out £1,200 a year to prominent MPs and ministers. The bribery, it turned out, went as high as the Solicitor General, who received £218, and the Attorney General, who received £545.** The parliamentary investigation into this, the world’s first corporate lobbying scandal, found the EIC guilty of bribery and insider
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