[Reuters] Alcatel agrees to settle bribery case for $137 million

Posted by: UGN Security

[Reuters] Alcatel agrees to settle bribery case for $137 million - 12/28/10 08:42 AM

WASHINGTON (Reuters) - Alcatel Lucent SA has agreed to pay more than $137 million to settle U.S. charges that it paid millions of dollars in bribes to foreign officials to win business in Latin America and Asia, U.S. authorities said on Monday.