Ex-CA boss accused of paying £2m bribe


Ex-CA boss accused of paying £2m bribe

Antony Savvas

The US government has accused former Computer Associates chief executive officer Sanjay Kumar of paying a $3.7m (£2m) bribe to a customer who had threatened to tell the government about a bogus software deal.

The accusation forms part of the government’s case against Kumar, who faces nine charges of wrongdoing following the financial scandal which engulfed CA around 18 months ago.

Following the fall-out, CA had to restate its financial results from 2001 to 2004 and make changes to this year’s results.

Kumar, who left CA at the beginning of last year, has pleaded not guilty to the charges, which include securities fraud and obstruction.

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