IBM charged with bribing Korean, Chinese officials

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Submission + - IBM charged with bribing Korean, Chinese officials (cio.com.au)

Submitted by

angry tapir

on Sunday March 20, 2011 @06:49PM

angry tapir writes: "The U.S. Securities and Exchange Commission has charged IBM with giving hundreds of thousands of dollars in bribes to South Korean and Chinese officials starting in the late 1990s, according to court documents. IBM has agreed to pay US$10 million to settle the SEC lawsuit."

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