Nov
11
2010

HP pays millions to settle school bribery charges



Hewlett Packard has agreed to fork over $16.25 million to settle charges that the computer maker “lavished” gifts on two Texas school districts in order to win government contracts to provide computer equipment. Acting on tips from whistleblowers within the Dallas and Houston school districts, the Department of Justice and Federal Communications Commission investigated the allegations.

“Meals and entertainment—including trips on a yacht and tickets to the 2004 Super Bowl—were provided by the contractors to get inside information and win contracts that were supposed to be awarded through a competitive bidding process,” the Federal Communications Commission disclosed late on Wednesday.

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HP pays millions to settle school bribery charges

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