Mar 01, 2022, 00:42 am
Leaked documents have revealed how the Swedish telecom giant Ericsson paid bribes to the Daesh terrorist group to continue its business after the group seized control of large parts of Iraq.
The leak of internal investigations at the multinational telecom company also finds that it exposed its contractors to high security risk and allowed them to be kidnapped by the militants.
The investigations also unravel allegations that the company was involved in corruption in at least 10 countries across four continents, a report in British newspaper The Guardian said on Sunday.
The British daily said leaked papers issued by the flagship company’s internal investigation bureau allegedly showed Ericsson had paid Daesh huge sums of money to maintain its services in Iraqi areas under the temporary control of the terrorist group from around 2014 to 2017.
The Stockholm-based telecom company released a public statement admitting to “serious breaches” in company rules in Iraq.
The revelations of corruption prompted Erickson to fire several employees and offer enhanced training and awareness activities, policies and procedures, and third-party management processes to its staff members.
However, the company witnessed a plunge in its stock prices following the revelations showing it had violated its own ethics code.
The Swedish firm been approached by British authorities for the development of the United Kingdom’s next generation 5G mobile phone technology. This, after being forced by the United States to refuse signing deals with Chinese telecom giants to develop the new 5G technology in Britain.
The US threatened the UK to cut off security ties with Britain if the British government proceeded with plans to involve Chinese telecommunications companies in the development of its next-generation 5G network.
https://www.presstv.ir/Detail/2022/02/28...G-Networks
The leak of internal investigations at the multinational telecom company also finds that it exposed its contractors to high security risk and allowed them to be kidnapped by the militants.
The investigations also unravel allegations that the company was involved in corruption in at least 10 countries across four continents, a report in British newspaper The Guardian said on Sunday.
The British daily said leaked papers issued by the flagship company’s internal investigation bureau allegedly showed Ericsson had paid Daesh huge sums of money to maintain its services in Iraqi areas under the temporary control of the terrorist group from around 2014 to 2017.
The Stockholm-based telecom company released a public statement admitting to “serious breaches” in company rules in Iraq.
The revelations of corruption prompted Erickson to fire several employees and offer enhanced training and awareness activities, policies and procedures, and third-party management processes to its staff members.
However, the company witnessed a plunge in its stock prices following the revelations showing it had violated its own ethics code.
The Swedish firm been approached by British authorities for the development of the United Kingdom’s next generation 5G mobile phone technology. This, after being forced by the United States to refuse signing deals with Chinese telecom giants to develop the new 5G technology in Britain.
The US threatened the UK to cut off security ties with Britain if the British government proceeded with plans to involve Chinese telecommunications companies in the development of its next-generation 5G network.
https://www.presstv.ir/Detail/2022/02/28...G-Networks