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Harry Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Richard L. Cassin Editor at Large

Elizabeth K. Spahn Editor Emeritus 

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in MTS Systems (10)

Friday
Mar152019

Why are new companies still landing on the Top Ten List?

The world has now lived with the FCPA for more than 40 years and with hyper-enforcement for more than a decade. By now you'd think everyone on earth has learned about the risks of non-compliance. So why are new companies, most lately MTS, still landing on the FCPA Blog's Top Ten List?

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Thursday
Mar072019

DOJ indicts Karimova for taking $866 million in bribes

The DOJ unsealed charges Thursday against an Uzbek telecom exec and the daughter of the former Uzbek president for their roles in an $866 million bribery and money laundering scheme.

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Wednesday
Mar062019

Russian telecom pays $850 million to resolve FCPA offenses

Russia’s biggest mobile phone company will pay $850 million in penalties to the DOJ and SEC to resolve FCPA violations, the SEC and the company said Wednesday.

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Monday
Nov262018

MTS reserves $840 million for FCPA settlement

Alexey Kornya, MTS president and CEORussia’s biggest mobile phone company said it reserved $840 million to resolve a possible FCPA enforcement action by the DOJ and SEC.

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Tuesday
Aug082017

MTS Systems says FCPA probes have ended

Minnesota-based MTS Systems Corporation said Monday that FCPA investigations related to China and Korea are complete and the DOJ and SEC aren't bringing enforcement actions.

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Thursday
Sep152016

Telia receives $1.4 billion settlement offer from U.S., Dutch authorities for Uzbekistan bribes

Telia chairman Marie Ehrling image (courtesy of Telia)Sweden's Telia Company said Thursday it received a proposal from U.S. and Dutch authorities to pay $1.4 billion to settle allegations of overseas bribery.

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Thursday
Feb182016

VimpelCom reaches $795 million resolution with U.S., Dutch authorities

Amsterdam-based VimpelCom Limited, the world’s sixth-largest telecommunications company, and its wholly owned Uzbek subsidiary, Unitel LLC, entered into resolutions with the DOJ, SEC, and Dutch authorities Thursday for paying more than $114 million in bribes to a government official in Uzbekistan between 2006 and 2012.

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Monday
Aug172015

DOJ moves to seize $1 billion linked to Uzbek telecoms scandal

The U.S. Justice Department took another big step in its investigation of bribes allegedly paid by Russian and Swedish companies to the eldest daughter of Uzbek President Islam Karimov in exchange for access to the country's telecoms market.‚Äč

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Wednesday
May082013

MTS does show and tell with the feds

MTS Systems Corporation said it has investigated possible violations of the FCPA and in January 'presented the results of its investigation and its corrective actions to representatives of the Department of Justice and the SEC.'

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Monday
Feb042013

MTS discloses 'remedial actions' after investigation

Minnesota-based MTS Systems Corporation said last week that after an investigation of gift-giving, travel, and accommodation practices in its Asia operations, it '[removed] certain persons formerly employed in its Korea office.'

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