million fine on the company Ericsson to settle the irregularities relating to bribery my
Million fine on the company Ericsson to settle the irregularities relating to bribery my
She said the U.S. Department of justice, the telecommunications company mobile phones and the Swedish Ericsson, has agreed to pay exceeds billion, to achieve corruption includes bribes made to government officials in countries including China, Vietnam and Djibouti.
Include the charges to pay criminal penalty of more than $ 520 million, added to $ 540 million to pay to the commission US Securities and Exchange Commission on the ever relevant.
Ministry of Justice said in a statement, the company acknowledged that they conspired with others to violate the law against Foreign Corrupt Practices between 2000 and 2016, at least of involvement in a scheme to pay bribes with the aim of falsifying the books and records of the non-application of restrictions to internal accounting are acceptable.
Authorities stated that Ericsson’s use of third parties to pay bribes to government officials to secure their work and ensure its continuity.
Approved Ericsson Egypt Ltd., a subsidiary of Ericsson, pleaded guilty before the District Court of southern New York on a charge of conspiracy to violate the items of the anti-bribery contained in the law against Foreign Corrupt Practices.
Has been performed a guilty plea to the imposition of additional penalties more severe include the withdrawal of licenses are important but the company can negotiate to ensure their continued operation.
The company said it reviewed its anti-corruption agenda and has taken action to improve its own ethics professionalism and commitment.
It has already announced that it cooperated with the American authorities and they will pay $ 1.2 million to cover the monetary penalties and other costs.
- This content from Reuters
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