{"id":1866955,"date":"2023-03-04T02:40:28","date_gmt":"2023-03-04T07:40:28","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ericsson-to-pay-206-million-for-breaking-us-deal-in-bribery-case\/"},"modified":"2023-03-04T02:41:35","modified_gmt":"2023-03-04T07:41:35","slug":"ericsson-to-pay-206-million-for-breaking-us-deal-in-bribery-case","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ericsson-to-pay-206-million-for-breaking-us-deal-in-bribery-case\/","title":{"rendered":"Ericsson to Pay $206 Million for Breaking US Deal in Bribery Case"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fericsson-to-pay-206-million-for-breaking-us-deal-in-bribery-case%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1866955&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div>\n<p>STOCKHOLM\u2014Swedish telecom equipment maker Ericsson has agreed to plead guilty to U.S. foreign corruption violations and pay more than $206 million for breaking a deal with the Justice Department over charges of bribery and falsifying records in countries from China to Kuwait.<\/p>\n<p>According to the U.S. Justice Department, the Stockholm-based company violated the 2019 Agreement by not providing documents or information required for the investigation of the agency and the bringing charges against those accused.<\/p>\n<p>Ericsson is a supplier of equipment for fast 5G networks. However, it used intermediaries to bribe governments officials and handle illicit cash stashes in Djibouti (China, Vietnam, Indonesia, and Kuwait), prosecutors claim.<\/p>\n<p>&#8220;The company&#8217;s breach of its obligations \u2026 indicate that Ericsson did not learn its lesson, and it is now facing a steep price for its continued missteps,&#8221; U.S. attorney Damian Williams, Southern District of New York stated in prepared remarks<\/p>\n<\/div>\n<p><\/p>\n<hr>\n<p> Continue reading <a href=\"https:\/\/www.theepochtimes.com\/ericsson-to-pay-206-million-for-breaking-us-deal-in-bribery-case_5098225.html?utm_source=partner&#038;utm_campaign=conservnewsd\">Ericsson to Pay $206 Million for Breaking US Deal in Bribery Case<\/a><\/p>\n<hr>\n<p><span style=\"font-size:11px\"><em>&#8220;The views and opinions expressed here are solely those of the author of the article and not necessarily shared or endorsed by Conservative News Daily&#8221;<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>STOCKHOLM\u2014Swedish telecom equipment maker Ericsson has agreed to plead guilty to U.S. foreign corruption violations and pay more than $206 million for breaking a deal with the Justice Department over charges of bribery and falsifying records in countries from China to Kuwait. According to the U.S. Justice Department, the Stockholm-based company violated the 2019 Agreement &hellip;<\/p>\n","protected":false},"author":136,"featured_media":1895251,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[20426,3997,20427,3715,20170,5280],"class_list":["post-1866955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times","tag-20426","tag-breaking","tag-bribery","tag-deal","tag-ericsson","tag-pay"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1866955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/136"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1866955"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1866955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1895251"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1866955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1866955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1866955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}