Russia telecoms giant MTS to pay US$850 million in US corruption case | The Malaysian Insight

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Russia telecoms giant MTS to pay US$850 million in US corruption case

RUSSIA’S leading telecoms firm said today it had agreed to pay US$850 million to settle a US corruption case over huge bribes paid to the family of Uzbekistan’s former president.

The case shed light on massive corruption in Uzbekistan under former president Islam Karimov, who ruled the ex-Soviet republic from 1990 until his death in 2016. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

Source: News Formal (newsformal.com)

 

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