Alcatel-Lucent to Pay $137 Million in Bribe Probes
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Alcatel-Lucent SA agreed to pay $137 million to resolve U.S. criminal and civil probes and admitted it bribed government officials in “many countries,” including Taiwan, Malaysia and Costa Rica.
Prosecutors yesterday charged Paris-based Alcatel-Lucent with violating the internal controls and books and records provisions of the Foreign Corrupt Practices Act. The Justice Department will defer prosecution and drop the case after three years if the company improves its compliance program.