Microsoft to pay USD 25.3 million criminal fine to settle US anti-bribery charges
By
Biju Kumar
Microsoft Corp agreed on Monday to pay about USD 25.3 million, including a criminal fine, to settle US charges it made improper payments that were used to bribe government officials in Hungary and other countries.
The US Department of Justice said Microsoft Hungary will pay the USD 8.75 million criminal fine, as part of a three-year non-prosecution agreement in which it “admits, accepts and acknowledges” responsibility for employees’ misconduct.