Log Assignment #1: DOJ/SEC Drop Bribery Probes of 3M
In an article written by Matthews (2012), the author disclosed that the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) reportedly dropped their probe on allegations of bribery for 3M, in the company’s subsidiary transactions and dealings in Turkey. The report indicated that no charges were made since 3M, which voluntarily initiated the investigations, were noted to cooperate and disclose all crucial information. The investigations were actually delved into in an effort to intensify 3M’s corporate compliance and adherence to ethical standards.
One strongly admired the move as initiated by 3M to investigate ...