HP said it had uncovered "serious accounting improprieties, disclosure failures and outright misrepresentations" at Autonomy.
H.P. said on Tuesday that it had discovered "serious accounting improprieties" and "outright misrepresentations" at Autonomy that occurred prior to the acquisition.
Meg Whitman, the chief executive, said that there had been "outright misrepresentation" in Autonomy's pre-takeover accounts – although she stopped short of calling it fraud.
"An outright ban of autonomy in weapon systems is premature and inappropriate, difficult to enforce and perhaps easy to circumvent," Boothby says.
Hewlett-Packard said that it had taken an $8.8 billion accounting charge after discovering what it said were "serious accounting improprieties" and "outright misrepresentations" at Autonomy, a British software maker that it bought for $10 billion last year.
The £7bn transaction has been the subject of lawsuits and investigations ever since HP issued a shock $8.8bn£5.8bnbn) profits warning in November 2012, in large part blaming "serious accounting improprieties, disclosure failures and outright misrepresentations at Autonomy".
HP's chief executive, Meg Whitman, claimed in November that HP had discovered "serious accounting improprieties, disclosure failures and outright misrepresentations" in Autonomy's business after buying it in 2011 for more than $10bn£6.6bnbn), and too a charge of $8.8bn against the acquisition.
Subsequent to that in November 2012 Hewlett-Packard announced that it was taking an $8.8 billion accounting charge, after claiming "serious accounting improprieties" and "outright misrepresentations" at Autonomy.
In many industrial societies, such as those of Britain, France, and Canada, there have been strong regional movements demanding autonomy or outright independence.
Yet, as democracy gains a real hold, and as the army is squeezed out of politics both are long and difficult processes the case for greater autonomy, even outright independence, at Indonesia's extremities seems bound to grow.
