MIAMI (AP) - French telecommunications company Alcatel-Lucent SA finalized its settlement Wednesday with the U.S. over bribes paid to officials in Costa Rica, Honduras, Malaysia and Taiwan.
The deal concluded in Miami federal court includes a $92 million penalty as part of a deferred prosecution agreement with the Justice Department. Alcatel also has already paid another $45 million to settle a related Securities and Exchange Commission case and $10 million in a corruption case brought by the Costa Rican government.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
