Thread regarding Oracle Corp. layoffs

Oracle Romania CEO, reportedly targeted by corruption investigation

https://www.romania-insider.com/oracle-romania-ceo-corruption-investigation
https://www.occrp.org/en/daily/10448-romania-probes-software-company-ceo-for-bribes

Romania's anti-corruption unit (DNA) launched an investigation into bribery allegations against the CEO of the country’s Oracle branch who is suspected of having given IT companies discounts on products in exchange for bribes.

Homeland of SC been effected .... Several other countries in EMEA are also effected on sames corruption. Several SVP been are looking forward to a new challenge.

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| 3177 views | | 14 replies (last August 13, 2019) | Reply
Post ID: @OP+10vYaHXY

14 replies (most recent on top)

Unbelievably asinine of the 3 stooges to mess with JEDI, not only have they ticked off a lot of people but O is now being exposed as the total cloud fraud it is. Dumb, dummer, the 3 oracle stooges. Another very big nail in the oracle coffin ⚰️ . When Pentagon is done with O, nobody will want to touch them with even a 50 ft pole

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Post ID: @1jbu+10vYaHXY

https://www.iteuropa.com/news/oracle-romania-ceo-investigated-over-bribe-allegations

The Oracle CEO is suspected of taking bribes worth over €800,000 from local IT firms to sell them Oracle licenses at a discount, it is alleged, which these firms later sold to various state institutions, including the National Office of the Trade Register (ONRC), Agency for Payment and Intervention for Agriculture (APIA), National Agency for Tax Administration (ANAF), National Electricity Transport Company "TRANSELECTRICA" SA, National Health Insurance House (CNAS) ) and the Romanian Traffic Services Administration Aerian (ROMATSA) - all named in the order of the prosecutors.

Let them investigate the DAS approvals for this customers and the A&C involvement with the local partners

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Post ID: @1awc+10vYaHXY

I do not know what will happen in 6 months, but I do not know Oracle is fighting back the Cloud fraud lawsuit; all the people that worked in Oracle at a certain level know what is being claimed is exactly true.

Also, I know directly from a SEC investigation around the same topics and others.

The Romania case is just something that gets public attention because someone outside Oracle investigates. Oracle C&E would have covered.

Also we’ll known are some blatant corruption cases in Italy and Spain, plus channel stuffing and some other goodies. Why it was not heard in the street?. Because Oracle investigated, diligently and promptly, to cover everything up.

I do not know what will happen in 6 months, but one scandal will follow other, all of them will impact the stock price... and the day investors get to know what is left of Oracle future business after pissing off customers with the Cloud and outselling customers with ULAs and PULAs.... let’s see what will come from there.

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Post ID: @1ocn+10vYaHXY
Give it 6 months and oracle as you know it will cease to exist due to all these investigations. Bye bye 3 stooges say hello to jail!

Yet another bombastic, hyperbole ridden prediction that won't come true. What happened to all those predictions from 2-3 years ago about an SEC investigation that would land LE in jail "real soon"? That the SEC was ready to drop the boom on O?

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Post ID: @1bxj+10vYaHXY

Give it 6 months and oracle as you know it will cease to exist due to all these investigations. Bye bye 3 stooges say hello to jail!

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Post ID: @jtd+10vYaHXY

And so it goes.....

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Post ID: @twu+10vYaHXY

Who are G. Vamos & Shanker ? Are they part of the scandal ?

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Post ID: @flh+10vYaHXY

Several SEC investigations is in process. EMEA is on the target.

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Post ID: @dzr+10vYaHXY

@10vYaHXY-ool, SC is not protecting Israel management or any management by the matter. She -and MH, LE, covered and supported by the BoD- are just covering the corrupted business practices that, if stopped, would bring Oracle to a complete halt.

Nobody is more important than protecting a complete system of -corrupted and easy to workaround- business practices that is, together with audits and impossible to swallow support policies, everything Oracle has as by today.

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Post ID: @vjb+10vYaHXY

Do not forget Spain, Portugal and Italy....

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Post ID: @ioo+10vYaHXY

I thought many of the US based cloud DOA/NPA contracts moved to Romania for safe keeping (concealing) a few years ago. Haha....

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Post ID: @eth+10vYaHXY

Turkey is also in the heat zone and many internal compliance investigations

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Post ID: @qfi+10vYaHXY

Any news on France ? UK ?

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Post ID: @vds+10vYaHXY

What about Israel ? Is SC still protecting the local CEO and his management with her C&E coverup

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Post ID: @ool+10vYaHXY

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