Sunday, January 17, 2021

Russian Telecom Agrees to Pay $850 Million to Resolve Bribery Charges

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Mobile TeleSystems PJSC bribed an Uzbek official who was a relative of the former president of Uzbekistan to win business in the country, the SEC said. The bribe enabled MTS to operate in Uzbekistan from 2004 through 2012. During that time, the company generated $2.4 billion in revenue, the agency said.

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