UK markets close in 1 hour 47 minutes
  • FTSE 100

    7,515.68
    +31.33 (+0.42%)
     
  • FTSE 250

    19,836.21
    -13.61 (-0.07%)
     
  • AIM

    951.64
    -3.65 (-0.38%)
     
  • GBP/EUR

    1.1731
    +0.0059 (+0.51%)
     
  • GBP/USD

    1.2516
    -0.0016 (-0.13%)
     
  • BTC-GBP

    23,763.84
    +322.57 (+1.38%)
     
  • CMC Crypto 200

    661.93
    -9.07 (-1.35%)
     
  • S&P 500

    3,946.57
    +5.09 (+0.13%)
     
  • DOW

    31,920.55
    -8.07 (-0.03%)
     
  • CRUDE OIL

    110.43
    +0.66 (+0.60%)
     
  • GOLD FUTURES

    1,851.80
    -13.60 (-0.73%)
     
  • NIKKEI 225

    26,677.80
    -70.34 (-0.26%)
     
  • HANG SENG

    20,171.27
    +59.17 (+0.29%)
     
  • DAX

    13,940.15
    +20.40 (+0.15%)
     
  • CAC 40

    6,264.66
    +11.52 (+0.18%)
     

Swedish prosecutor opens preliminary investigation into alleged Ericsson bribes in Iraq - TT news agency

  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
FILE PHOTO: The Ericsson logo is seen at the Ericsson's headquarters in Stockholm
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

STOCKHOLM (Reuters) -Swedish prosecutors have opened a preliminary investigation in to alleged bribes paid by telecom giant Ericsson in Iraq, Swedish news agency TT said on Wednesday, quoting the prosecutor Leif Gorts as saying.

"Yes, I can confirm that, but I can not go into more detail about what it concerns as it has just begun," Gorts told TT.

Ericsson and the prosecutor could not be immediately reached by Reuters for comment.

Ericsson said this month it would likely be fined by U.S. regulators for its handling of a bribery investigation in Iraq. The company said in February that an internal investigation had found it may have made payments to the Islamic State militant group in Iraq - misconduct it said "started at least back in 2011". [nL5N2WC0NF]

(Reporting by Johan Ahlander; editing by David Evans)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting