A unit of Japanese electronics giant Panasonic is under investigation by U.S. authorities for allegedly paying overseas bribes to secure business contracts, according to a Wall Street Journal report.
Panasonic Avionics, a subsidiary that makes in-flight entertainment and communications systems for airlines, has received a subpoena for communications between company executives, consultants, and others, according to company documents reviewed by the Journal. A January 20 notice instructed recipients to preserve documents "concerning any benefits or gifts provided, or the payment of anything of value, by Panasonic or PAC to any airline employee or government officials."
No comments:
Post a Comment