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General

Alcatel-Lucent agrees to pay fine to settle bribery claim

Friday 19 February 2010 | 10:54 CET | News
Alcatel-Lucent has agreed to pay USD 137.4 million to avoid US prosecution for alleged bribes paid in several countries, including Kenya, Taiwan and Costa Rica, according to a regulatory filing on 11 February. Bloomberg writes that under the agreement in principle, the US Justice Department would defer prosecution, Alcatel-Lucent would enter into a three-year probationary period and would be subject to a French anti-corruption monitor. According to the filing, Alcatel-Lucent France, Alcatel-Lucent Trade and Alcatel Centroamerica would enter guilty pleas. Alcatel-Lucent has also agreed in

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Categories: General
Companies: Alcatel-Lucent USA/FR
Countries: France / United States
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