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Avon Suspends Four Executives in Probe

April 14, 2010
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According to the Associated Press, beauty products seller Avon Products Inc., has put four executives on administrative leave, as part of an investigation of bribery allegations that started in China. The suspensions were first reported by the Wall Street Journal. Avon confirmed the executives put on leave include: S.K. Kao, general manager of Avon China; Jimmy Beh, former finance head for Avon in China and most recently an executive in Malaysia; C.Q. Sun, head of corporate affairs for Avon China; and Ian Rossetter, most recently vice president of finance and tax. Avon began investigating its China operations in 2008 after it received an allegation that some travel, entertainment and other expenses may have been improper, according to filings with the Securities and Exchange Commission. Since then, the investigation has spread to other undisclosed countries.

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