In a deal with the US authorities, Oracle will pay $23 million for bribery schemes that were allegedly carried out for nearly three years by foreign firm sales reps and partners. According to the U.S. Securities and Exchange Commission, this is the second time the Austin, Texas-based database services and cloud vendor has been discovered creating slush funds abroad. The fresh accusations relate to fraud operations carried out by Oracle's affiliates in India, the United Arab Emirates, and Turkey. The SEC's findings, ...
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