Date: 9 months ago   Category: Economy

Microsoft was caught on bribes and kickbacks at sale of Word in Hungary


The American authorities conduct investigation concerning Microsoft corporation on suspicion of bribery and corruption at sale of the software to government agencies of Hungary, The Wall Street Journal with reference to the sources familiar with a question reports.

Interlocutors of the edition have told that the U.S. Department of Justice and Securities and Exchange Commission (SEC) study how Microsoft in 2013 and 2014 sold the software, in particular the Word and Excel programs, to intermediary firms in Hungary which then sold these products to government agencies.

Intermediaries received products of the company at greatly reduced prices, and then sold ON government agencies of Hungary, but already at the price close to full. Investigators have suspected that intermediaries used the formed difference to pay bribes and kickbacks to officials.

As specifies the edition, Microsoft in 2012 has made an attempt to dissuade the Hungarian government from use of free text editors and spreadsheets from competitors. In November, 2012 the executive operating officer Kevin Turner of that time has met the prime minister of Hungary Viktor Orbán who has brought with himself group of owners of the small companies. Within the next two years of Microsoft annually I sold to such PO companies for $30 million, sometimes with discounts which could reach 30%. At the same time the newspaper notes what can't still be defined what part from these sales was exposed to check.

In Microsoft have said that the company cooperates with Ministry of Justice and SEC. According to her representative, four employees connected with transactions in Hungary, including her country manager Istvan Pappus, are already dismissed. The company has also reported that last year it has stopped business relations with four partners in Hungary, having stated that they have broken to her politician.

the Law of the USA on corruption abroad forbids the enterprises to bribe to develop or keep the business.

Before the power studied the relations of Microsoft with business partners in China, Romania, Italy, Russia and Pakistan. The assumptions sounded that these partners were engaged in bribery of government officials or provided kickbacks.

URL:




Today

just now

Military of Estonia accused Tu-154 of violation air borders of Military of Estonia accused the Russian Tu-154 plane of violation of air border. RBC Ukraine with reference to Forces of defense of the...

just now

In the Chinese market the Zotye T600 crossover of new generation very methodically gains popularity. The model debut in Celestial Empire took place in October of the 2018th. During this time SUV manag...

just now

The modern world requires fast solutions and flexibility in the changing market conditions. A year ago the Kernel company headed for optimization of logistics of a harvest from the field to the port o...

just now

Elisabeth Kestinger of In several days, on May 23, elections to the European Parliament start. They will pass in 28 EU Member States, including Great Britain. To win elections, some European politic...

just now

Mateu Moray will act in Bundesliga. the Borussia Dortmund coordinated Mateu Moray's transfer, Kicker reports. according to a source, the 19-year-old football player will pass from Barcelona into B...

just now

The midfielder of the national team of Ukraine and Hungarian Ivan Petryak reported "Vidi's PIER" in Instagram social network about the son's birth. on May 20 in one of the Ukrainian maternity hospit...

just now

Last week 40-year-old Courtenay and 34-year-old Hloye Kardashyan presented a new teleseason of the reality show Keeping Up with the Kardashians, and in several days after the presentation departed to...

just now

Deutsche Bank published the present list of the cities with the highest wage level in the world. For the first time it was headed by San Francisco of the Average salary in San Francisco makes $6520...