News

NCR investigating alleged FCPA violations

August 14, 2012

NCR Corp. is looking into claims by an anonymous tipster that employees in China and the Middle East were involved in actions that may violate provisions of the U.S. Foreign Corrupt Practices Act of 1977.

According to a blog post by the Wall Street Journal, an informant came forward in May claiming that the company's Middle East offices had improperly given gifts and free international trips to officials in Oman, and had violated U.S. trade embargoes against Syria.

In China, the tipster alleged, an in-house attorney at NCR first objected to, then signed off on, a proposed meeting that he said violated the company's bribery policies.

The WSJ report said that NCR had engaged a "white shoe" law firm to investigate the allegations. NCR declined to comment for the report, but issued a statement about the investigation.

"While NCR has certain concerns about the veracity and accuracy of the allegations, NCR takes allegations of this sort very seriously and promptly began an internal investigation that is ongoing," spokesman Lou Casale said. The WSJ report said it wasn't clear whether federal authorities are also looking into the matter.

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