Microsoft confirms employee sacking, alleged bribe probe

Microsoft confirms employee sacking, alleged bribe probe

Microsoft confirmed that the company has sacked four employees and terminated relations with four of its business partners at its subsidiary in Hungarian.

The company did not mention the exact data, in which ground they took the decision of termination in Hungary. However, the company clearly made the announcement at the Wall Street Journal, after the investigation of the corruption and bribery probe, reports source.

Source reports that the Justice Department and Security and Exchange Commission are looking over the Microsoft software’s discounting sale, considering both Excel and Word to middlemen. Therefore, later on, the investors re-sold it to the government of Hungarian at full costs. The investigation continues whether the distinct was pocketed by the Hungarian Government officials. The Journal addressed unnamed people, who were related with the matter.

However, SEC did not want to comment over the issue. Therefore, the Justice Department did not receive the responding message.

The company did not disclose that it quickly moved to act against them when they became aware of the wrongdoings in 2014 when the deal took place. It is also expected that the action to restore its re-seller process to decline the risk of such recurring deals.

by Chandrani Sarkar on August 24, 2018

Related Articles

........................ Advertisement ........................