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US Tech Giant Fined $58 Million for Bribery

A subsidiary of U.S. technology giant Hewlett-Packard was hit with a multi-million-dollar fine Thursday for bribing Russian government officials. The company's Russian division will have to pay $58.7 million after pleading guilty in a California court to violating U.S. anti-bribery and accounting laws. HP Russia admitted to paying off government officials to secure a $45 million contract with the Office of the Prosecutor General of the Russian Federation. Principal Deputy...

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