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Wednesday, 31 August 2011 - U.S. probes Oracle on African deals: report |
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It depends Salmon: How to hack voicemail Video: Air travelers welcomed by virtual airline staff Follow Reuters Facebook Twitter RSS YouTube Read Labor leaders must pay for parade if GOP banned, mayor says 30 Aug 2011 UPDATE 1-HP resurrects TouchPad for one last go at the iPad 30 Aug 2011 University bucks convention in Texas with vegan dining hall 30 Aug 2011 Porn film shoots voluntarily halted after HIV case 30 Aug 2011 Obama: could add 1 million new jobs 30 Aug 2011 Discussed 128 Labor leaders must pay for parade if GOP banned, mayor says 121 White House to nominate Krueger as top economist 107 Astronomers discover planet made of diamond Watched Buenos Aires Fashion week sizzles Mon, Aug 22 2011 Experimental plane reaches 13,000 mph Fri, Aug 26 2011 Libyans scour bombed military base for 'spoils of war.' Tue, Aug 30 2011 U.S. probes Oracle on African deals: report Tweet Share this Email Print Related News Obama shakes up gun agency over botched Mexico sting Tue, Aug 30 2011 S&P replaces president with Citibank exec after U.S. downgrade Tue, Aug 23 2011 Goldman CEO hires prominent defense lawyer Mon, Aug 22 2011 Police payment emails growing worry for Murdoch executives Fri, Aug 19 2011 U.S. probes S&P, Moody's over financial crisis: sources Thu, Aug 18 2011 Analysis & Opinion The sad flaw of measuring hurricanes by GDP 11th Circ. on prosecutorial misconduct: what does ‘or’ mean? Related Topics Technology » Wed Aug 31, 2011 2:12am EDT (Reuters) - U.S. authorities are investigating whether business software maker Oracle Corp's deals in Africa violated federal anti-bribery laws, the Wall Street Journal reported, citing sources familiar with the matter. Agents in the Federal Bureau of Investigation's (FBI) Washington field office and fraud prosecutors in the Justice Department's Criminal Division are handling a criminal investigation, which has been underway for at least a year, the Journal reported. Attorneys at the Securities and Exchange Commission (SEC) are also investigating for possible civil violations, sources told the newspaper. The authorities are investigating the Redwood Shores, California-based company's software sales in Western and Central African countries, the report said. The agencies are also examining whether Oracle employees or agents acting on the company's behalf made improper payments in Africa to secure sales of database and applications software, people familiar with the matter told the Journal. The Foreign Corrupt Practices Act, which was passed in 1977, prohibits U.S. companies and their employees from offering or paying bribes to foreign government officials or employees of state-owned companies. A spokeswoman for Oracle declined to comment to the Journal. FBI's Washington field office, the Justice Department's Criminal Division, the SEC and Oracle were not immediately available for comment to Reuters outside regular U.S. business hours. (Reporting by Soham Chatterjee in Bangalore; Editing by Erica Billingham) Technology Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?)   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Mobile Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Contact Us Advertise With Us Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Newsletters About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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