Telia Uzbekistan bribery resolution
Company: Telia Company AB
Summary
Telia Company and its Uzbek subsidiary Coscom resolved U.S. and Dutch investigations into a scheme to pay more than $331 million in bribes to an Uzbek government official to obtain and retain telecommunications business. The global resolution announced in 2017 totaled approximately $965 million in criminal and regulatory penalties and disgorgement. Source: https://www.justice.gov/opa/pr/telia-company-ab-and-its-uzbek-subsidiary-enter-global-foreign-bribery-resolution-more-965