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Railways might ban Oracle if bribe charge is proved

Summary by Live Mint
The SEC in the US said that Oracle allegedly created slush funds to bribe foreign officials in the UAE, India, and Turkey.

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Indian Railways may blacklist Oracle Corp if bribery claim proved

The US Securities and Exchange Commission (SEC), in a September 27 order, slapped Oracle with a fine of $23 million for breaking the Foreign Corrupt Practices Act that Indian Railway is investigating

·India
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Live MintLive Mint
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Railways might ban Oracle if bribe charge is proved

The SEC in the US said that Oracle allegedly created slush funds to bribe foreign officials in the UAE, India, and Turkey.

·New Delhi, India
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  • 50% of the sources are Center, 50% of the sources lean Right
50% Right
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Live Mint broke the news in New Delhi, India on Tuesday, October 11, 2022.
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