Former Top Cisco Executive placed on paid leave following illegal US$287.000,- payment to Brazil's ruling party!
Detained in a Brazilian jail since October, former top Cisco executive, Carlos Carnevali, has been officially placed on paid administrative leave by Cisco, while he is staying in police custody in Brazil.
Brazil's Folha de Sao Paulo newspaper citing documents found by the Brazilian Federal Police in the course of an investigation of Cisco's Brazilian subsidiary, said the San Jose, California-based firm used two "front" companies to illegally funnel US$287.000,- to Brazil's governing Workers Party, or PT.
In a press release last week, Cisco officially admitted that based on preliminary findings in an internal investigation, Cisco decided to put Carlos Carnevali - former Vicepresidente Cisco Systems Latinoamérica, on paid administrative leave.
So it's not only HP heading the news....
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