The SEC and the US Department of Justice have recently started an investigation. It turns out that they suspect Microsoft of bribery. In particular, the US tech giant is suspected of giving bribes to local officials in China, Romania and Italy.
According to The Financial Times, Bill Gate’s corporation denies any involvement in the bribery scandal and is willing to cooperate with the regulators in order to disprove any accusation.
For reference sake, Microsoft got in a similar scandal in 2010 when it was accused of an attempt to bribe Chinese officials.
Obviously, the scandal may eventually have a negative impact on Microsoft’s stock, especially if to take into account the fact that its latest products (Windows 8 and Surface tablets powered by this operating system) have failed.
The chart below, courtesy of , reflects the current state of affairs in the market of MSFT:
