Microsoft apparently dealing with bribery probe in Hungary

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Microsoft is apparently being examined over software application sales in Hungary.

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United States authorities are examining Microsoft over possible bribery and corruption in connection with software application sales in Hungary, The Wall Street Journal reported Thursday.

The Justice Department and Securities and Exchange Commission are examining how Microsoft offered software application such as Word and Excel at high discount rates to an intermediary in Hungary that then offered the items to federal government companies in 2013 and 2014 at near complete rate, the Journal reported, mentioning unknown sources acquainted with the matter.

Investigators are checking out whether the intermediary business utilized the distinction to pay kickbacks and kickbacks to federal government authorities, according to the report.

“As soon as we became aware in 2014 of potential wrongdoing in our Hungarian subsidiary, we moved quickly to pursue a detailed investigation and hold people accountable,” a Microsoft representative stated. “We fired four employees and terminated our business with four partners, and we’ve been defending ourselves against legal claims they raised as a result.”

This isn’t the very first time Microsoft has actually been connected to federal examinations into supposed abroad bribery plans. In 2013, the Justice Department and SEC were apparently concentrated on claims of kickbacks in China, in addition to the business’s relationship with resellers and experts in Romania andItaly

Bribery claims are barely brand-new in innovation. Last year, Jay Y. Lee, beneficiary to the household who owns the Samsung corporation, was sentenced to 5 years in jail after being founded guilty of paying off South Korea’s previous president to assist him increase his power over the business.

The Justice Department and SEC decreased to comment.

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