Uber is reviewing its Asia business amid US bribery investigation
- Wednesday, September 20th, 2017
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Uber has reportedly started a review of is Asia operations and notified the US authorities about suspicious payments made by staff to police officers in Indonesia, following a US federal probe was launched to see if the company had broken bribery laws.
According to Bloomberg, citing people familiar with the matter, Uber is working with law firm O’Melveny & Myers to review payments in at least five Asian countries – including China, India, Indonesia, Malaysia, and South Korea.
Uber is alleged to have had a run-in with the Indonesian police over an office in Jakarta last year. It is claimed that this was settled by an employee handing over multiple, small payments to the police in order for Uber to continue using the office space.
Uber is said to have fired this employee, after the transactions appeared his expenses report. The company’s head of Indonesia business who approved the expenses, Alan Jiang, was placed on leave of absence and has since left the company.
Elsewhere, in Malaysia, Uber has received a $30m investment in the past from the country’s second-largest pension fund, Kumpulan Wang Persaraan (KWAP). It also participated in an entrepreneurship programme from the state-backed Malaysian Global Innovation & Creativity Centre (MaGIC). These were followed by the passage of ride-sharing laws in July.