[ad_1]
Mubasher: Microsoft has agreed to pay a $ 25 million fine to settle the anti-corruption law violations in the United States.
Between 2013 and 2015, a senior executive and other Microsoft employees in Hungary participated in a program to increase margins for the sale of Microsoft software licenses to government agencies in Hungary, the Ministry of Finance said on Monday. Justice in a statement.
Microsoft executives falsely claimed that they needed discounts to close deals, but they failed to pbad them to customers. In the United States, in violation of the Foreign Corruption Practices Act.
The company entered into a non-litigation agreement with the Department of Justice and agreed to pay a fine of more than $ 8.7 million.
Microsoft has also agreed to pay $ 16.55 million to the Securities and Exchange Commission (SEC) to ignore the benefits and benefits of biases related to a "parallel investigation of internal behavior."
From his son, Brad Smith, Microsoft's legal officer, said the compromises involved staff misconduct, which was totally unacceptable.
The company has declared that it has terminated its relationship with four employees in Hungary for more than three years and has also stopped dealing with four of its distributors.
[ad_2]
Source link
