Probe of Bribery at HP Heats Up

The Wall Street Journal, citing anonymous sources, says that the Department of Justice is now joining in the HP bribery probe. Ouch…DOJ and probe are two words you never want to hear mentioned in the same sentence.

German prosecutors, as first reported by The Wall Street Journal in April, are looking into the possibility that H-P executives paid about €8 million ($10.9 million) in bribes to win a €35 million contract under which the U.S. company sold computer gear, through a German subsidiary, to the office of the prosecutor general of the Russian Federation. The German probe has been joined by U.S. and Russian authorities, according to people familiar with the matter.

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