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US DoJ to probe ZTE for alleged corruption, bribery - report

2020-03-16 11:19:00| Telecompaper Headlines

(Telecompaper) The US Justice Department has started a new investigation into China's ZTE, saying the company may have accepted bribes in exchange for certain international contracts, NBC News reported. The company pleaded guilty three years ago of violating US sanctions against Iran and North Korea. The company agreed to undergo scrutiny for a number of years and to pay USD 1.4 billion in fines. It has now ended that probation period. 

Tags: report probe alleged corruption

 

Airbus to pay SFO 1bn in corruption settlement

2020-01-31 16:38:13| BBC News | Business | UK Edition

The payment is part of a 3.6bn deal involving authorities in the UK, France and the US.

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Airbus reaches deal to settle corruption probe

2020-01-28 08:30:04| BBC News | Business | UK Edition

Reports say the aircraft maker could end up paying fines of more than 2.5bn.

Tags: deal probe reaches settle

 

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