Oracle bribed its way to Govt contracts

While the Government is facing the heat on charges of alleged pay-off made by Walmart to influence FDI in retail decision, the US Securities and Exchange Commission (SEC) has cracked down on a similar bribery scandal involving Oracle India. The SEC has chargesheeted Oracle Corporation, a California-based software company, for paying bribery of 2.2 million dollars (around Rs12 cr) in connection with contracts received from Ministry of Information and Technology during 2005-2007, when Dayanidhi Maran was the IT Minister.

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