Summary Box: US investigators widen probe of alleged HP kickbacks
By APFriday, September 10, 2010
Summary Box: US widens probe in HP bribery case
THE PROBE: Authorities in Russia, Germany and the U.S. have been looking into allegations of kickbacks paid to Russian authorities by employees of a Hewlett-Packard Co. subsidiary in Germany.
THE EXPANSION: HP is disclosing that the U.S. Securities and Exchange Commission is also investigating governmental and “quasi-governmental” transactions in Russia dating to 2000.
HP REACTION: HP says it is cooperating with the investigation, which so far has not produced any allegations aimed at the company itself.
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