Alcatel Pays $137 Million For Bribes in Costa Rica

To avoid prosecution in the United States for bribes paid in Costa Rica, Taiwan and Kenya, Alcatel-Lucent agreed to pay $137.4 million.

Thursday, February 19, 2009

The Department of Justice of the United States will defer prosecution of Alcatel on charges it violated the Foreign Corrupt Practices Act, and must enter a three-year probation period monitored by a French anti corruption monitor.

From BusinessWeek, “’There can be no assurances, however, that final agreements will be reached with the agencies or accepted in court,’ according to the filing. ‘If finalized, the agreements would relate to alleged violations of the FCPA involving several countries, including Costa Rica, Taiwan, and Kenya.’”

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The agreement includes the acknowledgment on behalf of Alcatel of having bribed Costa Rican public officials.

The fact that the French company acknowledged paying bribes will certainly affect the trial currently underway against several public officials, among them ex President Miguel Ángel Rodríguez.