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bribery violations

bribery violations latest

Ericsson
March 16th, 2023 - 03:08 GMT

Ericsson to pay $206m in bribery violations

ALBAWABA - The United States Department of Justice found the Swedish-based Telecom Giant Ericsson guilty of federal bribery violations. The telecommunications company headquartered in Stockholm agreed to pay $206 million for violating a 2019 Deferred Prosecution Agreement (DPA). IMPACT: Swedish telecom giant Ericsson has agreed to plead guilty and pay a $206m fine for breaching its deferred prosecution deal with US authorities by withholding information about its alleged misconduct in ...
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