Subscribe to this page now.

SEC charges Deutsche Telekom over bribery in Macedonia

12/29, 12:25pm

SEC charges former Deutsche Telekom execs

US Regulator the Securities and Exchange Commission (SEC) has charged Deutsche Telekom, a Hungarian unit and three former executives in a corruption case, according to a Thursday report. The charges include bribery of government officials in Macedonia and Montenegro dating back to 2005 and 2006, with the activities made public in 2010. Magyar Telekom, a unit of Deutsche Telekom, allegedly gave Macedonian officials 4.88 million euros (about $6.3 million) disguised as consulting and marketing contracts in order to keep a rival out of the market.

more

Advertisement

Electronista Newsletter

Free Technology and Gadgets Newsletter

  • We will not share your email address with anyone.

    toggle

    Most Popular

    Advertisement

    Recent Reviews

    Seagate Wireless

    It seems like no matter how much internal storage is included today's mobile devices, we, as users, will always find a way to fill the ...

    Lenovo Yoga Tablet 2 (Android, 10.1-inch)

    Lenovo is building a bigger name for itself year after year, including its devices expanding beyond desktop computers. The company's l ...

    Brother HL-L8250CDN Color Laser Printer

    When it comes to selecting a printer, the process is not exactly something most people put a lot of thought into. Printers are often t ...

    Advertisement

    toggle

    Most Commented

     
    toggle

    Popular News