
“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.”
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