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Uber reviews Asia operations over bribery charges in US: Report

Uber notified US officials about payments made by staff in Indonesia

Uber Quarterly results

Uber said it lost $645 million in the second quarter, 9 per cent less than the $708 million loss in the first quarter

Reuters

Uber Technologies Inc, which is the subject of a federal probe into whether it broke bribery laws, has started a review of its Asia operations and notified U.S. officials about payments made by staff in Indonesia, Bloomberg reported, citing people with knowledge of the matter.

A source familiar with the matter told Reuters that the Bloomberg report was accurate.

Uber said in August it was cooperating with a preliminary investigation led by the U.S. Department of Justice into whether company managers violated U.S. laws against bribery of foreign officials, specifically the Foreign Corrupt Practices Act.

Uber hired law firm O'Melveny & Myers LLP to investigate how it obtained the medical records of an Indian woman who was raped by an Uber driver in 2014, Reuters reported in June.

 

O'Melveny & Myers is now examining records of foreign payments and interviewing employees, raising questions about why some potentially problematic business dealings were not disclosed sooner, Bloomberg said on Tuesday.

Attorneys are focused on suspicious activity in at least five Asian countries: China, India, Indonesia, Malaysia and South Korea, Bloomberg said, adding that Uber's law firm is reviewing financial arrangements tied to the Malaysian government that may have influenced lawmakers there.

Uber and the DoJ could not immediately be reached for comment.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Sep 20 2017 | 12:13 PM IST

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