Spanish phone giant Telefónica to pay $85M to resolve US probe of Venezuelan bribery scheme
WASHINGTON — Spain’s largest telecommunications operator will pay more than $85 million to resolve a U.S. Justice Department investigation into a scheme to bribe Venezuelan officials with a lavish Caribbean vacation and expensive watches. The agreement with Telefónica S.A. announced Friday is the second time that the telco giant has faced bribery accusations in the … Read more