US SEC opens bribery probe into Ericsson
The investigation was triggered by the company's own report about its potential misdoings in Iraq
Ericsson has admitted that the U.S. securities regulator has opened an investigation concerning the matters described in the company's 2019 Iraq investigation report., according to a report in REUTE... Read more
Ericsson warns it could be fined for reportedly paying ISIS bribes
Ericsson, which has been criticized for its handling of a bribery probe in Iraq, warned on Thursday that it might face a fine from US authorities and announced a drop in first-quarter primary earnings as a result of its cessation of operations in Russia.
Investors openly chastised Chief Executiv... Read more
2 years ago
