Apple manager arrested for taking over $1 million in kickbacks

August 16th, 2010 - 11:44 pm ICT by BNO News  

SAN JOSE, CALIFORNIA (BNO NEWS) — Apple Inc. manager has been arrested and charged for taking over $1 million in kickbacks from Asian suppliers.

Paul Shin Devine, who works as a global supply manager, allegedly obtained confidential information from Apple, which was allegedly sold to the suppliers of iPhone and iPod accessories. The information would help them to negotiate more favorable contracts with Apple.

Foreign bank accounts were opened under the name of Devine’ wife to receive kickbacks. Apple has filed a civil law suit against him for several years of performing this scheme.

“Apple is committed to the highest ethical standards in the way we do business,” Apple spokesman Steve Dowling said in a statement. “We have zero tolerance for dishonest behavior inside or outside the company.”

Devine is scheduled to appear in a San Jose, California court on Monday.

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