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Honduras reopens Alcatel bribe case on SEC ruling

Honduras reopens Alcatel bribe case on SEC ruling

Honduras has decided to reopen an investigation into alleged bribes paid by the French telecom giant Alcatel after the company agreed to pay more than $137 million to settle charges brought against it by the U.S. government.
The SEC complaint said Alcatel's bribes went to government officials in Costa Rica, Honduras, Malaysia and Taiwan.
In Honduras, the SEC charges refer to an unnamed "brother of a high-ranking executive branch official" during the 2001-2006 administration of former president Ricardo Maduro.
Chief anti-corruption prosecutor Henry Salgado said Wednesday Honduras will ask the U.S. Securities and Exchange Commission to supply the information on which the settlement was based and to identify those involved.


Updated : 2021-03-09 13:06 GMT+08:00