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Business Crimes Hotline
Microsoft and Hungarian Subsidiary Agree to Pay $25 Million to Resolve FCPA Investigations in Hungary, Saudi Arabia, Turkey and Thailand
In July 2019, Microsoft Corporation and its wholly-owned subsidiary Microsoft Magyarorszag Kft. (Microsoft Hungary) agreed to pay a combined $25 million in criminal and civil penalties to resolve U.S. Securities and Exchange Commission (SEC) and Department of Justice (DOJ) investigations into Foreign Corrupt Practices Act (FCPA) violations in Hungary, Saudi Arabia, Turkey and Thailand.
Without admitting or denying the SEC's findings, Microsoft consented to a cease-and-desist order and disgorgement and pre-judgment interest of approximately $16.5 million as part of the settlement. Microsoft Hungary will pay a criminal penalty of over $8.5 million and also entered into a three-year non-prosecution agreement with the DOJ.
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