Disappointed to share some news today that I hope we’ll
never need to repeat – about the announcement of an agreement with the U.S.
Department of Justice (DOJ) and Securities and Exchange Commission (SEC) to
settle claims of violations of the Foreign Corrupt Practices Act, or FCPA by MicrosoftSupport Number.
More specifically, it was announced that our Hungarian
subsidiary has entered into a Non-Prosecution Agreement, or NPA, with the DOJ
and we have agreed to a Cease and Desist Order with the SEC. This follows MicrosoftSupport Phone Number cooperation with a multi-year government investigation,
reported previously, into potential violations of the FCPA between 2012 and
2015. (An NPA is a public contract between the DOJ and a company in which the
company agrees to take certain actions; it does not involve the filing of any
charges in court. The SEC Cease and Desist Order similarly is based on an
agreement with Microsoft Helpline Number and doesn’t involve a court filing.)
As the DOJ stated today Microsoft Customer Service PhoneNumber, it has concluded that between 2013 and June 2015 “a senior executive
and some other employees at Microsoft Customer Service Number Hungary
participated in a scheme to inflate margins in the Microsoft Outlook Support Phone Number sales channel, which was used to fund improper payments under the
FCPA.” As the DOJ explained, a Microsoft Outlook Support Number Hungary
executive and other Hungary employees “falsely represented” to Microsoft itself
that these discounts were needed. But that doesn’t absolve the company of legal
responsibility for what happened. These employees failed to pass to customers
the discounts they claimed were needed to close a deal, and instead, the DOJ
concluded that “the inflated margins were used to fund improper payments by MicrosoftSupport Number.”
At one level, we should all recognize that this misconduct
involved a small number of employees at Microsoft Support Phone Number Hungary,
all of whom are no longer with the company. We’re fortunate to have in place
today a new set of leaders at our Hungarian subsidiary who are committed to the
company’s high ethical standards Microsoft Helpline Number.
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