Archive | Telecoms RSS feed for this section

The VimpelCom settlements: a Lesson for the telecoms sector

A few days ago, VimpelCom Ltd., a Russian-controlled telecommunications company headquartered in the Netherlands, announced that it had agreed to pay a whopping $795 million to settle a bribery investigation by US and Dutch authorities into its payment of bribes in Uzbekistan. The penalties, which according to the US Department of Justice make up ‘one […]

Read full story Comments { 0 }