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UPDATE 1-VimpelCom to pay $795 mln to resolve U.S., Dutch bribery probes

2016-02-19 00:10:49| Telecom - Topix.net

Amsterdam-based telecommunications operator VimpelCom Ltd on Thursday said 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 to a Uzbekistan official.

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Category:Telecommunications

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