Malaysia Sun15h
Spanish phone giant to pay $85 million to settle over bribery claims
Although Telefonica's Venezuelan subsidiary was charged with conspiracy to violate the Foreign Corrupt Practices Act, the company will avoid prosecution by complying with the terms of its agreement ...
devdiscourse1d
Thailand’s Anti-Bribery Reforms: Progress, Challenges, and OECD’s Call for Action
The OECD’s review highlights Thailand’s progress in anti-bribery reforms while identifying key gaps in corporate liability, sanctions, and enforcement mechanisms, urging alignment with international ...
JD Supra1d
10 Compliance Lessons Learned from the Telefónica Venezolana FCPA Enforcement Action
Last week, the Department of Justice (DOJ) announced a resolution of a Foreign Corrupt Practices Act (FCPA) enforcement action involving Telefónica Venezolana, the Venezuelan subsidiary of Telefónica ...
Due on MSN2d
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 ...
Hoodline3d
Telefónica Venezolana Settles U.S. Bribery Probe with $85 Million Payment
Telefónica Venezolana settles a U.S. bribery investigation for over $85 million relating to Venezuelan official bribes.
Spanish telecom giant Telefónica to pay $85 million to resolve U.S. probe of Venezuelan bribery scheme
Spain’s largest telecommunications operator will pay more than $85 million to resolve a U.S. Justice Department investigation ...
Spanish phone company subsidiary to pay $85M to resolve US probe of Venezuelan bribery scheme
A Venezuelan subsidiary of a Spanish phone company will pay more than $85 million to resolve a U.S. Justice Department ...
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 ...
Outbound Investment Rule Embraces New National Security Paradigm
Hughes Hubbard’s Michael Huneke says new national security rules, including the Treasury’s Outbound Investment Rule, rely on a legal standard grounded in the Foreign Corrupt Practices Act.