Financial Crime Financial Crime

Ericsson finds evidence of corrupt conduct, improper payments in Iraq

By Martin Coyle
  • 16 Feb 2022 07:21
  • 16 Feb 2022 07:21
Ericsson has said it's possible that it made payments to terrorist group Isis in Iraq after discovering evidence of corrupt conduct dating back a decade.
The telecommunications company has said it identified payments made to intermediaries connected with transportation inside Iraq.

“The investigating team also identified payments to intermediaries and

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Martin Coyle

Senior Correspondent


Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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