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+ - Lucent fined $2.5M for cozy China relationship->

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coondoggie
coondoggie writes "Lucent has entered an agreement with the Department of Justice and the Securities and Exchange Commission to pay a $ 2.5 million in fines to resolve allegations that it violated the Foreign Corrupt Practices Act (FCPA) by spending millions of dollars on approximately 315 trips for Chinese government officials that included primarily sightseeing, entertainment and leisure. Many trips consisted primarily or entirely of sightseeing to locations such as Disneyland, Universal Studios, the Grand Canyon, and in cities such as Los Angeles, San Francisco, Las Vegas, Washington, D.C., and New York City, and typically lasted 14 days each and cost between $25,000 and $55,000 per trip, the DOJ stated. http://www.networkworld.com/community/node/23329"
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Lucent fined $2.5M for cozy China relationship

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