IBM Linked to China Court Case – Richard McGregor
From Financial Times:
Zhang Enzhao, former chairman of China Construction Bank, one of the country’s “big five” lenders, was jailed for 15 years last week after being convicted of taking bribes in return for granting information technology contracts.
The written judgment from the Beijing No 1 Intermediate Court named IBM as having paid $225,000 to a sales agent who helped bribe Mr Zhang, according to a report by Bloomberg.[Full Text]