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Ericsson agrees to pay $1bn to resolve FCPA corruption allegations

2019-12-09 01:00:00| Total Telecom industry news

Ericsson has agreed to enter into a three-year Deferred Prosecution Agreement and pay just over $1 billion in penalties to end criminal charges relating to violations of the FCPA. The US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) accused Ericsson of bribing officials in China…read more on TotalTele.com »

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