Telefónica Pays $85 Million to Resolve U.S. Probe Into Bribery in Venezuela
Spanish telecom company Telefónica has agreed to pay more than $85.2 million to resolve an investigation into an alleged ...
Spanish phone giant Telefónica to pay $85M to resolve US probe of Venezuelan bribery scheme
Spain’s largest telecommunications operator will pay more than $85 million to resolve a U.S. Justice Department investigation ...
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Telefónica Venezolana to pay $85.2 million to avoid foreign bribe allegations
Telefónica Venezolana C.A. Telefónica Venezolana) has been instructed to pay $85.2 million to avoid foreign bribe allegations ...
Compliance Week3d
Spanish telecomm Telefónica S.A. fined $85M over bribes to government officials in Venezuela
A subsidiary of Spanish telecommunications provider Telefónica S.A. will pay $85.2 million to settle a charge that it ...
Spanish phone giant to settle US probe of Venezuelan bribery scheme
Spain largest telecom operator has agreed to pay over US85 million to settle a US Justice Department investigation into a ...
JD Supra3d
10 Compliance Lessons Learned from the Telefónica Venezolana FCPA Enforcement Action
If you had any question that Venezuela was not high risk, this matter confirms it once again. Currency access is tightly controlled, creating opportunities for corruption in currency auctions that ...
Wall Street Journal5d
Telefónica Pays $85 Million to Resolve U.S. Probe Into Bribery in Venezuela
Spanish telecom company Telefónica has agreed to pay more than $85.2 million to resolve an investigation into an alleged scheme to bribe Venezuelan officials to obtain preferential access to U.S ...
Nasdaq3d
Telefónica Venezolana to pay $85.2 million to avoid foreign bribe allegations
In 2014, Telefónica Venezolana was part of a government-sponsored currency auction in Venezuela that allowed it to exchange its Venezuelan bolivars for U.S. dollars. “To ensure its success in ...
ABC News6d
Spanish phone giant Telefónica to pay $85M to resolve US probe of Venezuelan bribery scheme
Telefónica has been operating in Venezuela, under the Movistar brand, for two decades, one of 12 countries, most in Latin America, where it has a presence. It currently has 8 million wireless ...
Newsday5d
Spanish phone giant Telefónica to pay $85M to resolve US probe of Venezuelan bribery scheme
WASHINGTON — Spain's largest telecommunications operator will pay more than $85 million to resolve a U.S. Justice Department investigation into a scheme to bribe Venezuelan officials with a ...
U.S. News & World Report6d
Spanish Phone Giant Telefónica to Pay $85M to Resolve US Probe of Venezuelan Bribery Scheme
“Telefónica Venezolana chose to support a corrupt regime to circumvent the difficulties of conducting legal business in Venezuela," said Principal Deputy Assistant Attorney General Nicole ...