Salem Radio Network News Tuesday, March 28, 2023

Business

Ericsson pleads guilty to U.S. charges after violating previous deal

(Reuters) – Sweden’s Ericsson has agreed to pay $206 million and plead guilty to U.S. corruption charges after it violated a previous agreement with federal prosecutors, the U.S. Justice Department said on Thursday.

The plea follows a scandal over possible payments the telecommunications firm made to Islamic State.

(Reporting by Chris Prentice and Kanishka Singh)

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