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RPT-UPDATE 2-VimpelCom to pay $795 mln to resolve U.S., Dutch bribery probes

2016-02-19 08:53:47| IT Services - Topix.net

Feb 18 VimpelCom Ltd , an Amsterdam-based telecommunications operator, said on Thursday it would pay $795 million to resolve U.S. and Dutch probes into a bribery scheme in Uzbekistan, in the second largest global anti-corruption settlement in history. The settlement was announced in a federal court in Manhattan, where a subsidiary pleaded guilty to conspiring to violate a U.S. anti-corruption law by paying $114 million in bribes from 2006 to 2012 to a Uzbekistan official.

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