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SEC investigating HP over alleged Russian bribery

Hewlett-Packard is cooperating with a U.S. Securities and Exchange Commission probe into allegations that the company bribed Russian officials in order to secure a 2003 computer contract. The investigation centers around the 2003 35 million (US$47.8 million) sale of computer systems to the office of Russia’s prosecutor general, coincidentally, the same office that investigates corruption cases in the country. One current HP executive was arrested by German authorities in connection with the investigation last December, but none of the three has been formally charged.”]

Source: https://www.csoonline.com/article/2125040/sec-investigating-hp-over-alleged-russian-bribery.html

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