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Oracle to pay $23M to settle foreign bribery allegations

Por: The Hill Tech September 29, 2022

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Oracle will pay $23 million to settle charges that the company bribed foreign officials through its subsidiaries in several countries, the Securities and Exchange Commission (SEC) announced Tuesday.  The SEC order alleges that Oracle subsidiaries in Turkey, the United Arab Emirates (UAE) and India used slush funds to bribe officials in return for business between 2016 and 2019.  Oracle corporate communications vice president Michael Egbert... + full article



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