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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Swedish company says a number of its employees paid bribes to ISIS in Iraq

    Rocky
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    Swedish company says a number of its employees paid bribes to ISIS in Iraq Empty Swedish company says a number of its employees paid bribes to ISIS in Iraq

    Post by Rocky Fri 18 Feb 2022, 6:07 am

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    Swedish company says a number of its employees paid bribes to ISIS in Iraq

    [size=45]Swedish telecom equipment company ERICSON has acknowledged that a number of its employees in Iraq may have paid bribes to members of the Islamic State so that they could use some of the methods that were under their control.[/size]
    [size=45]The company's CEO, Boreh Ekholm, told Dagens Industri that the company had detected "unusual payments dating back to 2018, but it has never identified the final recipient of this money," adding that "what we saw is that transportation routes in areas under the control of Terrorist organizations, including ISIS (ISIS), are represented in paying money for their use.”[/size]
    [size=45]Ekholm's comments came hours after the company published a statement late last Tuesday, acknowledging that there had been "serious violations of compliance rules and the company's Code of Business Ethics" with respect to Ericsson employees, vendors and suppliers in Iraq between 2011 and 2019.[/size]
    [size=45]The statement confirmed that an internal investigation conducted in 2019 revealed "evidence of misconduct linked to corruption." These include “cash donations without a clear beneficiary, payment to a provider for work without documentation or a clear framework for action, the use of suppliers to make cash payments and unjustified financing for travel and expenses, and the improper use of sales agents and consultants.”[/size]
    [size=45]It also monitored violations of Ericsson's internal financial controls, conflicts of interest, non-compliance in tax laws and obstruction of the investigation.[/size]
    [size=45]Ericsson said payment and cash transactions programs "likely caused money laundering risks were also detected", but that "the investigation was unable to determine whether any of Ericsson's employees were directly involved in financing terrorist organizations."[/size]
    [size=45]Several employees have left the company as a result of the investigation, and “several disciplinary and corrective measures have been taken,” Ericsson said in a statement.[/size]
    [size=45]The director of the company said that they shared the results of the investigation with the US authorities.[/size]


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