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No Bribery Found Says Wall Street Journal

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Unread 03.18.13, 12:55 PM
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No Bribery Found Says Wall Street Journal

03.18.13 11:53 AM

NEW YORK (UPI) — A spokeswoman for The Wall Street Journal said the newspaper had not found evidence its employees bribed officials in China to obtain stories.

“After a thorough review of our operations in China conducted by outside lawyers and auditors, we have not found any evidence of impropriety at Dow Jones,” spokesman Paula Keve said.

The denial came after U.S. Justice Department investigators requested information following a tip off from a whistle-blower, the Journal reported Monday.

Company officials at News Corp. said they do not know the identity of the whistle-blower. Government officials, in turn, refused to give details on the source of the allegations.

But some company officials suspect the whistle-blower works or worked for the Chinese government and was specifically focused on retaliating for Journal articles that were critical of the Chinese government.

A federal investigation reached the conclusion hackers working for the Chinese government had attempted to spy on the company in March 2012 after the newspaper published stories involving the death of a British man allegedly poisoned by the wife of Bo Xilai, a government official in Chongqing, the Journal said.

“Our journalists, often working in the most difficult circumstances, will never be deterred from shining light on the darker recesses of Chinese society and politics,” Dow Jones Editor in Chief and Journal Managing Editor Gerard Baker said in a statement.

Baker said the Journal’s reporting from China was “exemplary and unrivaled.”

The company investigated the bribery allegations at the request of the U.S. Justice Department by hiring an outside law firm to go through company records. The investigators looked into five years of records from the newspaper, the Journal reported.

An investigation performed by the company with help from outside consultants is common for cases involving potential violations of the Foreign Corrupt Practices Act, the Journal said.




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