Today's Hard|Forum Post
Today's Hard|Forum Post

Thursday April 10, 2014

HP To Pay $108M To Settle Bribery Charges

What happens when a company is caught bribing government officials? Make sure they have to pay a huge fine to the government. Wait. What?

The Securities and Exchange Commission today charged Hewlett-Packard with violating the Foreign Corrupt Practices Act (FCPA) when its subsidiaries in three different countries made improper payments to government officials to obtain or retain lucrative public contracts.