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Charity sues CommBank for $2.5m related to IT bribery case

2015-05-28 02:59:19| Automakers - Topix.net

In a suit filed in California demanding a jury trial, the ACE Foundation - which uses technology to tackle humanitarian causes in the developing world - says $2.53 million of its money is being wrongfully held in Australia. The contested funds are being held as part of a New South Wales police investigation into alleged bribery of CBA executives that saw tech firm ServiceMesh win a major contract with the bank in 2013, shortly before being acquired for $260 million by CSC.

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