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Friday, March 8, 2019

International Telecommunications Bribe Lawyer Represents Telecom Professionals Who Want to Anonymously Expose Telecom Industry Bribery Schemes and Earn Financial Rewards by International Telecom Bribe Lawyer

International Telecommunications Bribe Lawyer Represents Whistleblowers Who Have Original Knowledge of Large Telecommunications Industry Bribery Schemes And Want To Collect Financial Rewards For Properly Exposing Bribes to Government Officials by International Telecommunication Bribe Lawyer & International Telecom Bribery Scheme Lawyer Jason Coomer

International telecommunications professionals who have original knowledge of large telecommunications bribes can earn large financial rewards by anonymously exposing these telecom industry bribery schemes through an international telecommunications bribe lawyer.  The telecommunication professionals are encouraged to use an international telecommunications bribe lawyer because the lawyer can confidentially review the potential bounty action as well as anonymously report the illegal telecom bribe for the professional.  The lawyer's confidential review can determine the strength of the potential bounty action and properly report the corruption whereas the anonymous reporting can help protect the telecommunications profession's identity.  For more information on this international telecommunications bribe bounty actions, please go to the follow web page: International Telecommunications Bribe Bounty Action Information.

Telecommunications Professionals Should Understand That Telecom Bribes Can Be Violations of the Foreign Corrupt Practices Act

Illegal telecommunications bribes and kickbacks to government officials are most common in Russia, China, Mexico, Brazil, and India.  These countries have long standing traditions of corruption where large companies pay bribes to government officials for large telecommunications contracts.  Telecommunications professionals who work in these countries are strongly encouraged to expose any large telecom bribes.  The telecommunications professionals should also be aware that telecommunications companies who pay bribes to government officials or provide illegal kickbacks to government officials for telecom contracts may be violating the foreign corrupt practices act and may be subject to criminal actions as well as to these large bounty actions.

Below are examples of recent telecommunications bribes that have resulted large settlements for violations of the Foreign Corrupt Practices Act.
 
Mobile Telesystems Pjsc and Its Uzbek Subsidiary Enter into Resolutions of $850 Million with the Department of Justice for Paying Bribes in Uzbekistan
Moscow-based Mobile TeleSystems PJSC (MTS), the largest mobile telecommunications company in Russia and an issuer of publicly traded securities in the United States, and its wholly owned Uzbek subsidiary, KOLORIT DIZAYN INK LLC (KOLORIT), have entered into resolutions with the Department of Justice and Securities and Exchange Commission (SEC) and agreed to pay a combined total penalty of $850 million to resolve charges arising out of a scheme to pay bribes in Uzbekistan.  In addition, charges were unsealed today against a former Uzbek official who is the daughter of the former president of Uzbekistan and against the former CEO of Uzdunrobita LLC, another MTS subsidiary, for their participation in a bribery and money laundering scheme involving more than $865 million in bribes from MTS, VimpelCom Limited (now VEON) and Telia Company AB (Telia) to the former Uzbek official in order to secure her assistance in entering and maintaining their business operations in Uzbekistans telecommunications market.

VimpelCom Limited and Unitel LLC Enter into Global Foreign Bribery Resolution of More Than $795 Million; United States Seeks $850 Million Forfeiture in Corrupt Proceeds of Bribery Scheme
Amsterdam-based VimpelCom Limited, the worlds sixth-largest telecommunications company and an issuer of publicly traded securities in the United States, and its wholly owned Uzbek subsidiary, Unitel LLC, entered into resolutions with the Department of Justice today in which they admitted to a conspiracy to make more than $114 million in bribery payments to a government official in Uzbekistan between 2006 and 2012 to enable them to enter and continue operating in the Uzbek telecommunications market.

In a related action, the department also filed a civil complaint today seeking the forfeiture of more than $550 million held in Swiss bank accounts, which constitute bribe payments made by VimpelCom and two separate telecommunications companies, or funds involved in the laundering of those payments, to the Uzbek official.  The forfeiture complaint follows an earlier civil complaint filed on June 29, 2015, which seeks forfeiture of more than $300 million in bank and investment accounts held in Belgium, Luxembourg and Ireland that also constitute funds traceable to bribes, or funds involved in the laundering of the bribes, paid by VimpelCom and another telecommunications company to the same Uzbek official.

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