An Apple executive charged with managing the company's supply chain in Asia has been charged with accepting kickbacks.
Paul Shin Devine, Apple's global supply manager, has been arrested on charges of accepting more than $1 million from various components of the company's supply chain. The kickbacks allegedly came from a half-dozen suppliers of iPod and iPhone accessories, mainly based in Asia, who paid Devine to reveal confidential company information that helped them win Apple business.
The suppliers include Kaedar Electronics in China, Creslyn in South Korea and Jin Li Mould Manufacturing in Singapore.
Devine - along with Andrew Ang of Singapore - is charged with 15 counts of wire fraud, five counts of money laundering, one count of wire fraud conspiracy and one count of monetary transactions with criminally derived property.
For its part, Apple is independently suing Devine in U.S. District Court in San Jose, California.
"Apple is committed to the highest ethical standards in the way we do business," Apple spokesman Steve Dowling said. "We have zero tolerance for dishonest behavior inside or outside the company."
Paul Shin Devine, Apple's global supply manager, has been arrested on charges of accepting more than $1 million from various components of the company's supply chain. The kickbacks allegedly came from a half-dozen suppliers of iPod and iPhone accessories, mainly based in Asia, who paid Devine to reveal confidential company information that helped them win Apple business.
The suppliers include Kaedar Electronics in China, Creslyn in South Korea and Jin Li Mould Manufacturing in Singapore.
Devine - along with Andrew Ang of Singapore - is charged with 15 counts of wire fraud, five counts of money laundering, one count of wire fraud conspiracy and one count of monetary transactions with criminally derived property.
For its part, Apple is independently suing Devine in U.S. District Court in San Jose, California.
"Apple is committed to the highest ethical standards in the way we do business," Apple spokesman Steve Dowling said. "We have zero tolerance for dishonest behavior inside or outside the company."
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