Ericsson breached US deal over Iraq corruption probe
Related: Update on Deferred Prosecution Agreement (Ericsson)
Also: Ericsson broke DoJ deal over Iraq corruption claims, say US prosecutors (The Guardian)
______________________________________________________________________
Source: BBC
Ericsson breached US deal over Iraq corruption probe
2 March 2022
Ericsson has been told it breached a deal with US prosecutors by withholding information about possible payments to the Islamic State (IS) group in Iraq.
The Swedish telecoms company said the US Department of Justice had concluded that its disclosure about an internal investigation was "insufficient".
It comes after the BBC reported that the inquiry found the firm had insisted on contractors working in IS territory.
This had resulted in a number of them being kidnapped by IS, the probe said.
Ericsson's chief executive Börje Ekholm declined to comment on his discussions with US authorities about the breach, but insisted that "the question on financing armed factions cannot be substantiated".
-snip-
Read more: https://www.bbc.com/news/world-middle-east-60590915
______________________________________________________________________
Source: The Guardian
Ericsson broke DoJ deal over Iraq corruption claims, say US prosecutors
Telecoms group’s admission comes days after revelations about alleged bribes given to Islamic State
Rob Evans
@robevansgdn
Wed 2 Mar 2022 14.46 GMT
The Swedish telecoms group Ericsson broke a formal agreement with US prosecutors by withholding evidence about its involvement in corruption, the firm has announced.
The US Department of Justice had notified Ericsson that the firm has failed, as required, to hand over details of alleged corruption in Iraq to DoJ prosecutors.
The admission comes days after it was revealed that Ericsson may have channelled cash to Islamic State terrorists and had made suspicious payments totalling millions of dollars to sustain its business in Iraq between 2011 and 2019.
The announcement on Wednesday came as Ericsson struggled to contain a growing controversy over its alleged misconduct. It is the second time the multinational has been found to have broken its agreement with the DoJ.
-snip-
Read more: https://www.theguardian.com/business/2022/mar/02/ericsson-broke-doj-deal-iraq-corruption-claims-us-prosecutors-telecoms