Juniper Networks Embroiled in Bribery Investigation

Both the Department of Justice and the Securities and Exchange Commission are trying to determine if Juniper violated the U.S. Foreign Corrupt Practices Act (FCPA), which forbids U.S. companies from winning business by giving bribes to foreign officials.

Craig Galbraith, Editorial Director

August 14, 2013

1 Min Read
Channel Futures logo in a gray background | Channel Futures

The U.S. government is investigating bribery allegations involving Juniper Networks, the company has revealed.

Both the Department of Justice and the Securities and Exchange Commission are trying to determine if Juniper violated the U.S. Foreign Corrupt Practices Act (FCPA), which forbids U.S. companies from winning business by giving bribes to foreign officials, Bloomberg reported. Neither the SEC nor the Justice Department would comment. A representative for the equipment giant told the business news site that he “can’t predict the scope or duration” of the investigation.

Juniper’s largest foreign customer is China Mobile but there’s no word if the investigation involves contracts with the Asian wireless giant.

In just the last two years, Oracle and IBM have paid millions of dollars in settlements involving accusations that they violated the FCPA. An analyst with Robert W. Baird & Co. told Bloomberg that many resellers and distributors lack the internal controls that would prevent bribery. 

Follow senior online managing editor


@Craig_Galbraith

on Twitter.

Read more about:

Agents

About the Author

Craig Galbraith

Editorial Director, Channel Futures

Craig Galbraith is the editorial director for Channel Futures, joining the team in 2008. Before that, he spent more than 11 years as an anchor, reporter and managing editor in television newsrooms in North Dakota and Washington state. Craig is a proud Husky, having graduated from the University of Washington. He makes his home in the Phoenix area.

Free Newsletters for the Channel
Register for Your Free Newsletter Now

You May Also Like