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Telia consents to $457 million SEC disgorgement order as part of global bribery settlement

( September 21, 2017, 19:40 GMT | Official Statement) -- MLex Summary: Telia, a Sweden-based telecommunications firm, has agreed to pay $965 million in a global settlement with the US Securities and Exchange Commission, the Department of Justice, and Dutch and Swedish authorities to resolve charges related to violations of the Foreign Corrupt Practices Act in Uzbekistan, the SEC said. Telia consented to the SEC's order requiring the company to pay $457 million in disgorgement, and the company also agreed to pay a criminal fine of more than $508 million imposed by the DOJ, the SEC said.Statement follows:...

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