Apple kicked-back by its Supply Manager
Apple recently has made news for all the bad reasons possible and here’s another one. An Apple manager on Friday was arrested for allegedly accepting bribe of more than $1 million from Asian suppliers.
San Jose Mercury News reported, a global supply manager Paul Shin Devine who worked at Apple, allegedly used his position to obtain confidential information from the company. The information was then allegedly sold by him to suppliers, helping them negotiate more favorable contracts with Apple.
“Apple is committed to the highest ethical standards in the way we do business,” Apple spokesman Steve Dowling said in a statement. “We have zero tolerance for dishonest behavior inside or outside the company.”
The federal indictment said that the companies involved in the kickback scheme were suppliers of iPhone and iPod accessories, the names of which were not revealed.
It is believed that these kickbacks have been happening over several years, and it’s not sure at this time as to how it came to light now, Apple also filed a civil suit against Devine for the kickbacks he allegedly received over several years, and said he allegedly opened foreign bank accounts in his wife’s name to disguise payments.
Devine will appear in a San Jose court on Monday.