U.S. Indicts Former Ericsson Employee for Bribes and Laundering in Djibouti

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Thursday, September 23, 2021
Author: 
Bruce Zagaris
Volume: 
37
Issue: 
9
Abstract: 

On September 8, 2021, United States law enforcement officials announced the unsealing in the Southern District of New York of an indictment, charging a former employee of the Swedish multinational telecommunications company Telefonaktiebolaget LM Ericsson (“Ericsson”) for his alleged role in a scheme to pay approximately $2.1 million in bribes to high-level government officials in the Republic of Djibouti and conspiring to launder funds.[1]



[1]    U.S. Department of Justice, Former Ericsson Employee Charged for Role in Foreign Bribery Scheme, Press Rel. 21-842, Sept. 8, 2021; United States v. Afework Bereket, U.S. Dist. Ct., S.D.N.Y., Sealed Indictment 20 Crim. 283 chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/viewer.html?pdfurl=https%3A%2F%2Fwww.justice.gov%2Fopa%2ffpress-release%2Ffile%2F1431246%2Fdownload&clen=....