Smartmatic Executives Facing Federal Charges for Bribery in the Philippines
President and two executives of Smartmatic facing federal charges for allegedly bribing former top election official in the Philippines. Smartmatic equipment used in more than 30 countries, with only Los Angeles County using it in the U.S. The company has been targeted by conspiracy theories related to the 2020 U.S. presidential election.
Key Points
- Allegations of paying $1 million in bribes to win business in the Philippines
- Over-invoicing costs for voting machines for 2016 Philippine elections
- Laundering money through bank accounts worldwide
- Facing charges related to violating Foreign Corrupt Practices Act and money laundering
Pros
- Smartmatic taking action by placing accused employees on leaves of absence pending investigations
- Company emphasizing commitment to integrity and transparency in elections
Cons
- Serious allegations of bribery and money laundering against company executives