Telecommunications Giant Telefónica Venezolana Agrees to $85 Million FCPA Settlement
Whistleblower Network News
NOVEMBER 14, 2024
According to the DOJ, “in 2014, Telefónica Venezolana participated in a government-sponsored currency auction in Venezuela that allowed it to exchange its Venezuelan bolivars for U.S. Telefónica Venezolana bribed Venezuelan government officials to participate in a government auction through which it exchanged Venezuelan bolivars for U.S.
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