Swedish telecom firm Telia says may be hit with $1.4 bn in corruption fines
Swedish
Stockholm - Arab Today
US and Dutch authorities are seeking $1.4 billion from Telia to settle probes into corrupt practices by the Swedish telecoms operator in the Central Asian state of Uzbekistan, Telia said Thursday.
It said the proposals for the settlement did not go into much detail "but suggests a total settlement amount of approximately USD 1.4 billion," the company said in a statement.
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