MaGIC denies quid-pro-quo arrangement with Uber - News Summed Up

MaGIC denies quid-pro-quo arrangement with Uber


KUALA LUMPUR: Malaysian Global Innovation and Creativity Centre (MaGIC) today refuted its involvement in any quid-pro-quo arrangement, said Chief Executive Officer Ashran Ghazi. “Earlier this week, we were surprised to find ourselves named in an article which levelled serious accusations at the way Uber has operated in the region,” he said in a statement. An international news agency reported that the United States Department of Justice is currently investigating Uber to determine whether it broke laws regarding overseas bribery. The report said that as a result, Uber’s law firm was investigating the corporate donation worth “tens of thousands of dollars” that Uber made in August 2016 to MaGIC. The bribery allegation was related to MaGIC’s ASEAN Next Great Idea (ANGI) which was co-organised by MaGIC, Uber and another corporate partner that was launched in August 2016.


Source: New Strait Times September 22, 2017 09:00 UTC



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