Telia Says U.S., Dutch Propose $1.4 Billion Uzbek Settlement

Updated on
  • Could be largest fine ever under U.S. foreign corruption act
  • ‘Amount is very high,’ Telia weighing options, chairman says

Telia AB said U.S. and Dutch authorities have proposed a $1.4 billion fine to settle allegations the Swedish carrier paid bribes to win business in 2007 when it entered the former Soviet republic of Uzbekistan.

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