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Home » Telefónica Venezolana to Pay Over $85M to Resolve Foreign Bribery

Telefónica Venezolana to Pay Over $85M to Resolve Foreign Bribery

Telefónica Venezolana C.A. (Telefónica Venezolana), a Venezuela-based subsidiary of Telefónica S.A. (Telefónica), a publicly traded global telecommunications operator based in Spain, will pay over $85.2 million to resolve an investigation by the Justice Department into a scheme to bribe government officials in Venezuela to receive preferential access to U.S. dollars in a Read More