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Microsoft pays $ 25 million to settle corruption charges




NEW YORK (AP) – Microsoft pays more than $ 25 million to settle federal corruption charges involving a bribe scheme in Hungary and other foreign offices.

<p class = "canvas-atom canvas-text Mb) [0459004] says that Microsoft will pay around $ 16.6 million to settle costs as it violated the Foreign Corruption Practices Act. While the case centered on Hungary , SEC said it also found discomfort at Microsoft offices in Saudi Arabia, Thailand, and Turkey. as the offended Foreign Corrupt Practices Act. While the case was centered on Hungary, the SEC said it also found discomfort at Microsoft offices in Saudi Arabia, Thailand and Turkey.

The Ministry of Justice said that Microsoft will also pay a criminal fine of $ 8.75 million stemming from the Hungarian call and bribe scheme.

Federal prosecutors said that from 2013 to 2015, a senior executive and other staff of the Hungarian office participated in an "inflating margin in the Microsoft sales channel" scheme in connection with Microsoft software licenses sold to the Hungarian authorities

Microsoft President Brad Smith said in a letter to employees Monday that the misunderstanding was "totally unacceptable" and involved a small number of employees.

Savings were erroneously recorded as discounts and used for corrupt purposes, the prosecutors said.

Smith outlined changes to prevent public discount from being used incorrectly and said the company is expanding the use of artificial effort to flag suspicious transactions.



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