Rock band Papa Roach to bring ‘Rise of the Roach’ tour to San Antonio in 2025Read full article: San Antonio clinic aims to improve access to sexual health servicesLooking to save on items for your home, road trip and wardrobe? We've got the latest Insider Deals to share!FILE - The logo for the Justice Department is seen before a news conference at the Department of Justice, Aug. 23, 2024, in Washington.
Telefónica Venezolana, a subsidiary of Telefónica S.A., bribed Venezuelan officials to participate in an auction that allowed it to get U.S. dollars in exchange for Venezuelan bolivars, Justice Department officials said.Telefónica Venezolana bought equipment at inflated prices from suppliers, who then paid the bribes on its behalf in an attempt to hide the illegal scheme, prosecutors said.
“Telefónica Venezolana chose to support a corrupt regime to circumvent the difficulties of conducting legal business in Venezuela," said Principal Deputy Assistant Attorney General Nicole Argentieri, who leads the Justice Department’s Criminal Division. The subsidiary is charged in U.S. federal court with conspiracy to violate the Foreign Corrupt Practices Act but will avoid prosecution under an agreement with the Justice Department if it follows certain conditions.Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
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