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[Reuters] Oracle settles SEC charges over secret India payments #58569 08/16/12 01:36 PM
Joined: Jan 2007 Posts: 41,392 U UGN Security OP News Aggregator
OP UGN Security News Aggregator U Joined: Jan 2007 Posts: 41,392	(Reuters) - Oracle Corp agreed to pay a $2 million fine to settle U.S. Securities and Exchange Commission charges that an India subsidiary secretly set aside money used to make unauthorized payments to phony vendors in that country. Source

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