SEC charges Oracle with corrupt foreign practices violations

Aug 16, 2012 | Posted by: roboblogger | Full story: NewscastMedia.com

Newscast Media WASHINGTON, D.C.-The Securities and Exchange Commission today charged Oracle Corporation with violating the Foreign Corrupt Practices Act by failing to prevent a subsidiary from secretly setting aside money off the company's books that was eventually used to make unauthorized payments to phony vendors in India.

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#1 Aug 17, 2012
Great, how about busting government agencies for same...or does the double standard rule apply here?

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