• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

U.S. charges former Ericsson employee over bribery scheme

September 8, 2021 by David Barret Leave a Comment

September 8, 2021

By Jonathan Stempel

NEW YORK (Reuters) – U.S. authorities on Wednesday charged a former employee of Swedish telecommunications equipment maker Ericsson with scheming to bribe Djibouti government officials in order to win business with a state-owned telecommunications company.

The U.S. Department of Justice said Afework Bereket, 53, a former employee of Ericsson Egypt, helped arrange $2.1 million in bribes to at least three Djibouti officials so Ericsson could win a 20.3 million euro (US$24 million) contract.

Prosecutors said the scheme ran from 2010 to January 2014, and included bribes disguised as payments to a company with which Ericsson’s branch office in Ethiopia had entered a sham consulting agreement.

Bereket’s indictment included an email where prosecutors said he urged that one payment be made “ASAP” because “[e]verybody in the management of [the telecommunications company] & in the ministry are waiting their part of the cake.”

In December 2019, Ericsson agreed to pay about $1.06 billion, including a $521 million criminal fine, and enter a deferred prosecution agreement to settle U.S. corruption charges over its activities in Djibouti and four other countries.

Ericsson Egypt pleaded guilty at the time to a related bribery conspiracy charge.

Bereket was charged with conspiring to violate the federal Foreign Corrupt Practices Act and conspiring to commit money laundering, and faces up to 25 years in prison if convicted.

He is at large, and a lawyer for him could not be located. Ericsson did not immediately respond to a request for comment.

(1 euro = US $1.181)

(Reporting by Jonathan Stempel; Editing by Doina Chiacu and David Gregorio)

Source Link U.S. charges former Ericsson employee over bribery scheme

David Barret
David Barret

Related posts:

  1. Taliban prepare to reveal new Afghan government amid economic turmoil
  2. Vodafone’s market-leading broadband deals come to an end tomorrow
  3. YouTravel.Me packs up $1M to match travelers with curated small group adventures
  4. Welcome to TechRadar’s PC Gaming Week 2021

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • Have You Seen This Snake? Florida Wants Your Help Finding Rare Species Seen Once In 50 Years
  • Plague Confirmed In Lake Tahoe Area For First Time In 5 Years, California Officials Say
  • Supergiant Star Spotted Blowing Milky Way’s Largest Bubble Of Its Kind, Surprising Astronomers
  • Game Theory Promised To Explain Human Decisions. Did It?
  • Genes, Hormones, And Hairstyling – Here Are Some Causes Of Hair Loss You Might Not Have Heard Of
  • Answer To 30-Year-Old Mystery Code Embedded In The Kryptos CIA Sculpture To Be Sold At Auction
  • Merry Mice: Human Brain Cells Transplanted Into Mice Reduce Anxiety And Depression
  • Asteroid-Bound NASA Mission Snaps Earth-Moon Portrait From 290 Million Kilometers Away
  • Forget State Mammals – Some States Have Official Dinosaurs, And They’re Awesome
  • Female Jumping Spiders Of Two Species Prefer The Sexy Red Males Of One, Leading To Hybridization
  • Why Is It So Difficult To Find New Moons In The Solar System?
  • New “Oxygen-Breathing” Crystal Could Recharge Fuel Cells And More
  • Some Gut Bacteria Cause Insomnia While Others Protect Against It, 400,000-Person Study Argues
  • Neanderthals And Homo Sapiens Got It On 100,000 Years Earlier Than We Thought
  • “Womb Of The Universe”: Native American Tribal Elders Help Archaeologists Decipher Ancient Rock Art In Missouri Cave
  • 16,000-Year-Old Paintings Suggest Prehistoric Humans Risked Their Lives To Enter “Shaman Training Cave”
  • Final Gasps Of A Dying Star Seen Through A Record-Breaking 130 Years Of Data
  • COVID-19 “Vaccine Alternative” Injection Could Be On Fast-Track To Approval From FDA
  • New Jersey Officials Investigate Possible First Locally Acquired Malaria Case Since 1991
  • First-of-Its-Kind Bright Orange Nurse Shark Recorded Off Costa Rica Makes History
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version