U.S. Charges EMC With Bribery

Last Updated Mar 3, 2009 7:12 AM EST

The large scale storage vendor, EMC Corp, revealed in a recent securities filing that the U.S. Department of Justice is investigating it for bribing partners to gain Federal contracts. Computerworld also reports that it is accused of providing "inaccurate or noncurrent pricing for its products". EMC denies the charges and says that some of the complaints date back several years. In 2007 EMC and several of its partners paid fines to settle with the U.S. government over charges it paid kickbacks to other companies to gain work. These charges have been brought under the False Claims Act as they relate to payment for services not necessarily properly provided. The U.S. government along with the European Union has moved recently to settle several other large cases of contractors bribing either foreign governments or other companies.
  • Matthew Potter

    Matthew Potter is a resident of Huntsville, Ala., where he works supporting U.S. Army aviation programs. After serving in the U.S. Navy, he began work as a defense contractor in Washington D.C. specializing in program management and budget development and execution. In the last 15 years Matthew has worked for several companies, large and small, involved in all aspects of government contracting and procurement. He holds two degrees in history as well as studying at the Defense Acquisition University. He has written for Seeking Alpha and at his own website, DefenseProcurementNews.com.