SOUTH KOREA’S LARGEST TELECOM COMPANY PAYS SEC $6.3 MILLION OVER FOREIGN CORRUPT PRACTICES ACT ALLEGATIONS

On 21 February, a post on the FCPA Blog reported that the SEC had charged the Seoul-based company KT Corporation with violating the FCPA books and records and internal accounting controls provisions re improper payments to government officials in South Korea and Vietnam.

https://fcpablog.com/2022/02/17/kt-corporation-pays-6-3-million-to-settle-fcpa-offenses-with-the-sec/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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