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Alcatel to pay $137M to settle bribery charges

Alcatel to pay $137M to settle bribery charges

http://mzoologia.uprrp.edu/?buy-essay-toronto buy essay toronto Alcatel-Lucent SA has agreed to pay more than $137 million to settle charges brought against it by the federal government.

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page The Securities and Exchange Commission accused the Paris-based maker of telecommunications gear of paying bribes to foreign government officials to illegally win business in Latin America and Asia.

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source site Alcatel, a top supplier to U.S. and European phone companies, agreed to pay more than $45 million to settle the SEC’s charges. It will pay an additional $92 million to settle separate criminal charges announced by the Justice Department.

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here The SEC’s complaint said Alcatel’s bribes went to government officials in Costa Rica, Honduras, Malaysia and Taiwan between December 2001 and June 2006. Alcatel bought U.S.-based Lucent Technologies at the end of 2006.

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