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IBM Execs, S. Korea Officials Charged Over Bribery

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IBM Execs, S. Korea Officials Charged Over Bribery

Some 48 South Korean government officials and corporate executives, mainly from IBM ventures, have been charged with bribery in a case involving state contracts for computer parts and servers, prosecutors said on Monday. “Fourteen government officials were bribed a total of 290 million won ($240,000) and an IBM Korea executive received golf memberships worth 98 million won from a subcontractor, prosecutors said.”

Story from Reuters

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