Washington, Sep 28 (Ians) Cloud major Oracle will pay the US Securities and Exchange Commission (SEC) more than 23 million to settle charges against the company for bribing officials in India, Turkey and the United Arab Emirates (UAE), thus violating provisions of the Foreign Corrupt Practices Act (Fcpa) in America.
The US SEC said in a statement that Oracle Corporation violated provisions of the Fcpa “when subsidiaries in Turkey, the UAE and India created and used slush funds to bribe foreign officials in return for business between 2016 and 2019”.
The SEC previously sanctioned Oracle in connection with the creation of slush funds.
In 2012, Oracle resolved charges relating to the creation of millions of dollars of “side funds by Oracle India, which created the risk that those funds could be used for illicit purposes”, the US regulator said late on Tuesday.
The SEC’s investigation was done with assistance from the Securities and Exchange...
The US SEC said in a statement that Oracle Corporation violated provisions of the Fcpa “when subsidiaries in Turkey, the UAE and India created and used slush funds to bribe foreign officials in return for business between 2016 and 2019”.
The SEC previously sanctioned Oracle in connection with the creation of slush funds.
In 2012, Oracle resolved charges relating to the creation of millions of dollars of “side funds by Oracle India, which created the risk that those funds could be used for illicit purposes”, the US regulator said late on Tuesday.
The SEC’s investigation was done with assistance from the Securities and Exchange...
- 9/28/2022
- by Glamsham Bureau
- GlamSham
Stars: Jason Sudeikis, Alison Brie, Jordan Carlos, Margarita Levieva, Charles Cain, Adam Brody, Michael Cyril Creighton, Billy Eichner, Jason Mantzoukas, Margaret Odette, Amanda Peet, Victoria Frings, Adam Scott, Natasha Lyonne | Written and Directed by Leslye Headland
When it comes to romantic comedies these days you tend to either get the big Hollywood films with big names and often a lack of real connection, or you get the indie ones with lots of talking. Sleeping with Other People finds its place between these styles, with surprising success.
Jake (Jason Sudeikis) is a good-natured man who is a womaniser, and Lainey (Alison Brie) is obsessed with her first love (or at least the one she planned to lose her virginity to). When the two form a platonic relationship to help them deal with their disastrous love lives the signs are all there that an attraction between the two are forming.
When I...
When it comes to romantic comedies these days you tend to either get the big Hollywood films with big names and often a lack of real connection, or you get the indie ones with lots of talking. Sleeping with Other People finds its place between these styles, with surprising success.
Jake (Jason Sudeikis) is a good-natured man who is a womaniser, and Lainey (Alison Brie) is obsessed with her first love (or at least the one she planned to lose her virginity to). When the two form a platonic relationship to help them deal with their disastrous love lives the signs are all there that an attraction between the two are forming.
When I...
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