Ericsson Confirms Corruption Probe in US

Global telecoms major, Ericsson has officially confirmed that it has received a voluntary request from US Authorities to answer a number of questions relating to Ericsson’s operations, something it has also confirmed to media in 2013.

In a press release Ericsson has stated that it cooperates with US Authorities to answer these and additional questions.

“While we strive to at all times conduct our business in compliance with applicable laws, matters do arise from time to time as a result of the global nature of our business. We will not provide any detailed comments on the request as such, but can say that it relates to Ericsson’s anti-corruption program and questions related to the Foreign Corrupt Practices Act. Ericsson cooperates with US Authorities and works diligently to answer the questions.” the press release has stated.