News - HP pays $108 million to settle foreign bribery investigation

[HEXUS]

Subsidiaries in Russia, Poland and Mexico were accused of bribing government officials.

Read more.

[Lucio]

So, let me get this straight, they paid out money to get what they want, and now their punishment is to pay out more money instead of sending the executives involved to jail...

[Tunnah]

So, let me get this straight, they paid out money to get what they want, and now their punishment is to pay out more money instead of sending the executives involved to jail...

And this surprises you why?

[crossy]

So, let me get this straight, they paid out money to get what they want, and now their punishment is to pay out more money instead of sending the executives involved to jail...

If I remember the details correctly, the execs concerned are all non-US nationals, so you'd have to contact the various governments to arrange extradition if you wanted to throw them into a US jail.

But the article does state that "Officials also said on Wednesday that 41 people, including IT company executives, government officials and former police officers, have been charged with almost 70 related offences." so they're not off the hook yet. Which means that this fine is for the company "sleeping on their watch" and allowing these shenanigans to happen.

I'm an HPer myself and I'm pretty disgusted - there's been plenty of corporate trainings etc about not doing this kind of "brown enveloping". Only upside is that wasn't this during the Mark Hurd tenure - in which case the corporate culture has changed dramatically since...