U s fines cognizant, charges 2 prior head execs in india bribery solicitation
BuyLinkShop: U.s. authorities on friday announced wrong charges opposed two prior head cog...
(BuyLinkShop, quoting the Reuters) - u.s. authorities on friday announced wrong charges opposed two prior head informed technology solutions corp executives for their roles in a bribery theory in india, and said the union succeed wages $25 favorite to subside a kindred well-mannered solicitation. the u.s. section of uprightness said the prior president, gordon coburn, and the prior superior legitimate officer, steven schwartz, were charged in a 12-count indictment with violating the federal undomesticated unsound practices ordinance and other offenses. according to the indictment, in 2014 coburn and schwartz allegedly authorized an unlawful payment of approximately $2 favorite to single or more government officials in india to sure and obtain a permit to uplift a recent campus in the country. cognizant’s payment to the u.s. government, which includes a $6 favorite thin and $19 favorite in disgorgement and interest, resolves kindred well-mannered charges brought by the u.s. securities and interchange rent. the tidings technology services union is based in teaneck, recent jersey. informed did not straightway tally to requests for observe. lawyers for coburn and schwartz did not straightway tally to resembling requests.
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