Uber once again finds itself in the headlines after news broke yesterday that the company is investigating its Asia operations to determine if it broke US bribery laws.
About halfway down an article in Bloomberg, the Malaysian Global Innovation and Creativity Centre (or MaGIC) was cited as being a focus of the investigation. The impetus for the probe is a corporate donation of tens of thousands of dollars that was made public in August of 2016.
The reason the donation is receiving scrutiny is because at about the same time the Malaysian pension fund Kumpulan Wang Persaraan (Diperbadankan) invested US$30 million in the ride-hailing company.
The full original article can be found at e27.co