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.