--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
LIFE
PEOPLE
TRAVEL
THIS WEEK
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates


Hot Links
China Development Gateway
Chinese Embassies

Lucent Ditches Four China Chiefs over Suspected Corruption

US telecom giant Lucent Technologies reveals that it has fired the president of its China operations and three other chiefs for suspected corruption.

 

An audit by Lucent and investigation by outside counsel into the China operations have unearthed incidents and internal control deficiencies that may breach the US Foreign Corrupt Practices Act.

 

Lucent has reported the findings to the Justice Department and the market regulator, the Securities and Exchange Commission.

 

The four including the president, the chief operating officer, a marketing executive, and a finance manager have left the company.

 

(CRI April 8, 2004)

 

 

Lucent to Launch 3G Development Center in China
Lucent Eyes Bigger Slice of China's Market
Lucent Signs CDMA Contract with China Unicom
Lucent Vows to Take Lion's Share of China Telecom Market
Chinese Company Denies Any Intelligence Gain from Lucent "Espionage"
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688