World Business Watch: SEC fines Oracle $23 mn for bribing officials in India, Turkey, and UAE
Edited By WION Video Desk
Published: Sep 28, 2022, 06:23 IST | Updated: Sep 28, 2022, 06:23 IST
Tech giant Oracle has been fined $23 million by the US Securities and Exchange Commission (SEC) for breaking the Foreign Corrupt Practices Act (FCPA). The punishment was issued for funnelling money to corrupt officials in Turkey, the United Arab Emirates, and India.
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