IBM Argentina slapped with fines for graft
Court in Argentina has slapped a $9.3m fine on IBM's
Buenos Aires - AFP
A court in Argentina has slapped a $9.3 million fine on IBM's local subsidiary for allegedly seeking to win a contract to computerize the country's tax collection system, authorities said Saturday.
Eleven people have been charged in the case that dates back to 1988-89. They will stand trial on March 15, 2016, the justice ministry said.
Prosecutors say IBM did not have the best offer in the government's bidding process, yet still won. It was paid one amount, then paid another company -- STI -- a smaller sum to do the job and kept the difference, they say.
The fine was meant to return to the state the amount that may have been "overbilled" as a bribe payment, government justice portal Infojus reported.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 11:10 2018 Thursday ,30 August
Ariana Grande will perform at Aretha Franklin’s funeral
GMT 05:14 2024 Wednesday ,07 February
Sophisticated Classic Dining Room Design Ideas
GMT 05:09 2024 Tuesday ,06 February
The Saudi-led Arab Coalition Forces have targeted a meeting of Houthi commanders in Beit Al Faqih, Hodeidah, killing scores of the
GMT 08:55 2017 Wednesday ,04 October
Jalal Talibani, first Kurdish president of Iraq, dies at 84
GMT 09:09 2017 Sunday ,17 September
Ministry seeks to improve education
GMT 10:14 2017 Tuesday ,31 January
Hala Sedky to appear in Ramadan 2017 series
GMT 09:59 2017 Wednesday ,01 February
Hala Sedky happy for reaction on latest film
GMT 05:59 2017 Wednesday ,07 June
Egypt's non-oil business suffers, but exports rise
GMT 20:34 2017 Saturday ,11 March
General strike shuts much of southern Nepal after 3 killed
GMT 04:05 2017 Monday ,13 February
ERC presents sophisticated medical equipment to Al Mukalla Hospital
GMT 12:11 2017 Sunday ,07 May
Royal decree eases restrictions against Saudi women
GMT 11:49 2016 Saturday ,03 September
Sagan to race in Australia's Tour Down UnderGMT 13:44 2011 Wednesday ,14 September
Saudi tycoon TV channel
GMT 11:30 2016 Tuesday ,13 December
Nainggolan fires Roma past 'unlucky' AC Milan
GMT 10:48 2017 Sunday ,10 December
Premier restructures National Anti-Narcotics Committee
GMT 17:29 2017 Friday ,17 November
Bahraini, Jordanian monarchs hold talks
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor