Hewlett-Packard Pleads Guilty To Bribing Officials in Russia, Poland, and Mexico

Charliemopps writes Hewlett-Packard and three subsidiaries pleaded guilty Thursday to paying bribes to foreign officials in Russia, Mexico and Poland and agreed to pay $108 million in criminal and regulatory penalties. For over 10 years Hewlett-Packard kept 2 sets of books to track slush-funds they used to bribe government officials for favorable contracts. From the article: According to the Justice Department, HP Poland paid more than $600,000 in cash bribes and gifts, travel and entertainment to the the police agency's director of information and communications technology. HP Poland gave the government official bags filled with hundreds of thousands of dollars of cash, provided the official with HP desktop and laptop computers, mobile devices and other products and took the official on a leisure trip to Las Vegas, which included a private tour flight over the Grand Canyon, the Justice Department said. The foreign officials probably weren't reporting the income on their taxes, either.

Comments

Re:best to do the time in Poland

[jd2112]

What "Time"? These are Corporate Executives. When they break the law their company pays cash. Jail is the legal system for people who dont have enough money to pay Government Fines.

Sooo.... They will pay a bribe to settle charges of bribery?