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Marubeni cuts top exec pays, set up compliance unit over Indonesia bribe incident

Having been fined $88m for bribing Indonesian officials, Japanese trading giant Marubeni is temporarily cutting the salaries of CEO, chairman and other executives, while taking disciplinary action against employees involved in incident

By Undercurrent News | May 26, 2014 09:05 BST
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Japanese trading giant Marubeni Corporation announced it was temporarily cutting some of its top executives' pay as result of its participation in a scheme to bribe Indonesian officials to secure a lucrative power project [...]

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