Cisco discloses investigation of alleged payments to foreign officials

Cisco Systems, Inc. said in an SEC filing Tuesday that it is investigating allegations that former employees in China ran a “self-enrichment scheme” that may also involve payments to employees of state-owned enterprises.

The San Jose, California-based networking giant said it has “voluntarily disclosed this investigation” to the DOJ and SEC.

The filing was posted Tuesday by FCPA Tracker.

“We take such allegations very seriously and we are providing results of our investigation to the DOJ and SEC,” the company said.

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