Recidivist Oracle pays SEC $22.9 million to settle FCPA offenses
/American technology giant Oracle Corporation agreed to pay the SEC $22.9 million to resolve charges that it violated the Foreign Corrupt Practices Act in Turkey, India, and the United Arab Emirates through subsidiaries that created and used slush funds to bribe foreign officials in return for business. In August 2012, Oracle paid a $2 million civil penalty to the SEC to settle FCPA charges arising from a slush fund in India.
Lees verder:
