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Microsoft pays $25 million to settle corruption charges

USATODAY - Tech Top Stories

In this May 7, 2018, file photo Microsoft CEO Satya Nadella looks on during a video as he delivers the keynote address at Build, the company's annual conference for software developers in Seattle. Microsoft is paying more than $25 million to settle federal corruption charges involving a bribery scheme in its Hungary office and three other foreign subsidiaries, the U.S. Securities and Exchange Commission said Monday, July 22, 2019. NEW YORK – Microsoft is paying more than $25 million to settle federal corruption charges involving a bribery scheme in Hungary and other foreign offices. The U.S. Securities and Exchange Commission said Microsoft will pay about $16.6 million to settle charges that it violated the Foreign Corrupt Practices Act. While the case centered on Hungary, the SEC said it also found improprieties at Microsoft offices in Saudi Arabia, Thailand and Turkey.