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: Ethisphere Blog - Good. Smart. Business. Profit.What do you Call Taking 1,000 Chinese Government Officials on Vacation?
By Ethisphere.com
Bribery, according to the DOJ. Lucent technologies helped wrap up a DOJ investigation on Tuesday by agreeing to pay $1 million for FCPA violations. From 2000 to 2003 the company reportedly spent over $10 million on about 315 various trips for approximately 1,000 Chinese government officials. This included all expense paid trips to Disneyland, Universal Studios, Las Vegas, the Grand Canyon, Boston, San Fransisco, Hawaii, Hong Kong and, well, a bunch of places that don’t have anything to do with Lucent’s work. On top of that, each official was allegedly given a $500 to $1,000 per diem to (more…)
Full post as published by Ethisphere Blog - Good. Smart. Business. Profit. on January 04, 2008 (boomark / email).
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