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Home Baqubah

Ericsson facing ongoing probes and fallout months after ICIJ revealed new corruption breach

admin by admin
October 30, 2023
in Baqubah
Reading Time: 1 min read
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The Ericsson List investigation – which exposed the telecom giant’s dealings with Islamic State terrorists in Iraq – triggered upheaval at the company that began before publication and continues to this day.

The company’s share price has plummeted, its chief legal officer is gone, investors are suing, the U.S. Securities and Exchange Commission is investigating, and the U.S. Justice Department has served notice that new penalties are on the way for violation of an earlier corruption settlement.

Based on a leaked…



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