Microsoft Has Paid Millions To Settle Bribery Allegations And Changed Its Working Practices

Syedur Rahman of business crime solicitors Rahman Ravelli commends Microsoft's efforts but says it still faces a challenge.

Microsoft has announced that it will pay US $26M to settle corruption charges involving bribery in Hungary and a number of other countries.

An executive and employees of Microsoft's Hungary office had been accused of bribing government officials in the country in order to obtain business, according to the US Security and Exchange Commission (SEC).

Microsoft Hungary received a 27.85% discount for software to be sold to Hungary's tax administration. But the person handling the account did not pass along all of the discount and used part of it to fund the bribes.