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Oracle fined $23 million by the SEC for corruption

India, Tukey and UAE subsidaries set up slush funds to bribe ‘foreign officials’, says Commission

Oracle has paid $23 million to the Securities and Exchange Commission over corruption charges that subsidiaries in Turkey, United Arab Emirates and India used “slush funds” to bribe foreign officials to win business.…

Author: Paul Kunert. [Source Link (*), The Register]

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