Lucent China COO denies bribery claim

  • Business
  • Saturday, 10 Apr 2004

BEIJING: Michael Kwan, the former chief operating officer of Lucent Technologies Inc's China unit who was sacked in connection with potential violations of a US anti-corruption law, has denied involvement in bribery. 

In an interview with Beijing Times, Kwan, one of four executives fired by the US telecommunications equipment maker earlier this week, said he was puzzled by Lucent's decision. 

“I can promise that I have not engaged in any bribery, but I have no idea about others,” Kwan said in a telephone interview with the paper. 

“I will find an opportunity to formally clarify the situation to the outside world, because it has greatly damaged my reputation and credibility, and the decision by (Lucent) headquarters was not a responsible one,” he said. – AFX-Asia

For Another perspective from the China Daily, a partner of Asia News Network, click here



Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Did you find this article insightful?


Next In Business News

Why dealmakers expect tech M&A to keep up its red-hot run
Volkswagen looks to claim damages from suppliers over chip shortages
China Evergrande New Energy Vehicle Co attracts investors to raise US$3.4b
Taiwan says asking chip firms to help ease auto chip shortage
Bank Islam assists 350,000 customers impacted by Covid-19
Morgan Stanley CEO's annual pay rises by over 20%
‘Unstoppable’ luxury stocks remind some investors of US tech
Ambani’s Reliance doubles down on 5G pledge after record profit
PUNB offers payment deferment, rental discount
CPO futures may undergo technical correction next week

Stories You'll Enjoy