H-P Pays $108M to DOJ, SEC To Settle Anti-Bribery Allegations

“Hewlett-Packard (HPQ) agreed to pay $108 million to settle federal claims that it violated the U.S. Foreign Corrupt Practices Act, marking yet another major settlement as the government cracks down on bribery.  The government alleges H-P violated FCPA when its subsidiaries in Poland, Mexico and Russia made improper payments to government officials to obtain or retain public contracts.  The PC maker agreed to pay $108 million to the U.S. Securities and Exchange Commission and Dept. of Justice, and undertake certain compliance, reporting and cooperation obligations.”

http://www.foxbusiness.com/industries/2014/04/09/h-p-in-108m-settlement-with-doj-over-foreign-practices/

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