Alcatel-Lucent to pay $137 million bribe to settle bribery cases

posted by
December 28, 2010
PC World    
Posted in News

"Alcatel-Lucent has agreed to make payments of over US$137 million to settle bribery cases brought by U.S. authorities. ... Alcatel-Lucent and three of its subsidiaries, Alcatel CIT, Alcatel de Costa Rica and Alcatel Standard have together agreed to pay a [bribe]of $92 million in settlement of cases brought by the DOJ under the Foreign Corrupt Practices Act (FCPA), and the companies have voluntarily [sic] agreed to stop using third-party sales and marketing agents in conducting worldwide business." (12/28/10)  

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