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2 telecommunications companies admit to Uzbek bribery conspiracy

2016-02-21 10:18:35| Telecom - Topix.net

Amsterdam-based VimpelCom Limited, the world's sixth-largest telecommunications company and an issuer of publicly traded securities in the United States, and its wholly-owned Uzbek subsidiary, Unitel LLC, entered into resolutions with the Department of Justice Thursday. The companies engaged in a conspiracy where they made bribery payments of more than $114 million to a government official in Uzbekistan between 2006 and 2012.

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Category:Telecommunications

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