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USA, Ericsson negotiates for over 1 billion

2019-12-07T06:19:49.428Z

7.00 The Swedish telecommunications company Ericsson will pay over $ 1 billion in plea bargaining for corruption charges involving a period of 17 years and at least 5 countries, from Asia to the Middle East. The US Justice Department has made it known. For the prosecution, Ericsson was involved in a system of bribes, falsification of account books and corruption in countries such as China, Vietnam, Indonesia and Kuwait. The company admitted that it had created a fund for gifts, travel and entertainment for officials to get contracts .



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07 December 20197.00 The Swedish telecommunications company Ericsson will pay over 1 billion dollars in plea bargaining for corruption charges involving a period of 17 years and at least 5 countries, from Asia to the Middle East. The US Justice Department has made it known. For the prosecution, Ericsson was involved in a system of bribes, falsification of account books and corruption in countries such as China, Vietnam, Indonesia and Kuwait. The company admitted that it had created a fund for gifts, travel and entertainment for officials to get contracts .

Source: rainews

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