Uber Investigates Itself for Bribery, Finds Some Shit

Uber Investigates Itself for Bribery, Finds Some Shit

The report also adds that Uber's law firm is reviewing financial arrangements tied to the Malaysian government that may have influenced lawmakers there.

Malaysian Global Initiative and Creativity Centre (MaGIC), which was set up by Putrajaya in 2014, told FMT that it was not involved in any "quid pro quo" arrangement as alleged in a Bloomberg report today.

Among its many other problems, Uber is facing a federal probe to look into allegations that it broke foreign bribery laws.

Uber Technologies Inc [UBER.UL], which is the subject of a US federal probe into whether it broke bribery laws, has started a review of its Asia operations and notified USA authorities about payments made by staff to police officers in Indonesia, a person familiar with the matter told Reuters.

Uber did not immediately respond to Business Insider's request for comment.

The DOJ is focusing on suspicious activity in China, India, Indonesia, Malaysia and South Korea, Bloomberg reported.

It quoted people with knowledge of the matter as saying that late a year ago, an Uber employee in Jakarta made multiple, small payments to police on the understanding that Uber would be permitted to continue operating from an office located in a non-business zone. After officers informed the company that the facility was outside the city's zoning for businesses, an employee began making multiple small payments to the police in order for to continue operations there. According to the sources, that Uber employee was sacked and Jiang was put on a leave of absence before departing the company. Khosrowshahi has indicated he will need two years to make the company fit for an initial public offering by addressing all the issues left behind by ousted CEO Travis Kalanick. Bloomberg said that "at least one senior member of the legal team at Uber "decided not to report the incident to USA officials" when it became known late past year".

Uber has hired law firm O'Melveny & Myers LLP to aid in its internal probe and is both speaking with employees as well as looking into payments made overseas in an effort to cooperate with the DoJ's federal investigation. Around that time, a Malaysian pension fund, Kumpulan Wang Persaraan, invested $30 million in Uber, said people familiar with the deal.

Uber has hired law firm O'Melveny & Myers LLP to review its Asia operations. The MGICC denied any improper quid-pro-quo.