Tue, 21-Oct-2025

Ericsson says new US fines likely over Iraq corruption

corruption

Swedish telecoms equipment giant Ericsson said Thursday it will probably need to pay new fines to the US Department of Justice over suspected bribes to the Islamic State bunch in Iraq. CEO Borje Ekholm conceded newspaper interview in February that some of Ericsson representatives might have bribed IS members for road transport through regions constrained … Read more