Bribery Charges Dismissed Against Ex-Telia General Counsel in Sweden
Ex-general counsel Olli Tuohimaa, along with the former CEO and the former deputy chief, were accused in 2017 of paying bribes to obtain telecom business in Uzbekistan.
February 19, 2019 at 05:20 PM
3 minute read
A Stockholm court has dropped criminal bribery charges filed against three executives of Swedish telecom Telia Co., including its former general counsel for Eurasia.
Ex-general counsel Olli Tuohimaa, along with the former CEO and the former deputy chief, were accused in 2017 of paying bribes to obtain telecom business in Uzbekistan. The charges were dropped Feb. 15. All three had denied the charges, and could not be reached for comment on the ruling.
The charges came after the Stockholm-based company agreed to pay nearly $1 billion in penalties to the U.S. and the Netherlands in what prosecutors called “one of the largest criminal corporate bribery and corruption resolutions ever.” The company signed a three-year deferred prosecution agreement for violating the Foreign Corrupt Practices Act, and it cooperated in the investigation of the individuals.
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