SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ericsson overlook?
ERIC 9.540+0.4%Nov 26 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (2895)3/11/1999 7:53:00 PM
From: Leif V Singman  Read Replies (2) of 5390
 
"Michael, thanks for your amazingly accurate and quick hunting of the Web
details confirming it was indeed L M Ericcson up to nefarious works in
Mexico." Maurice Wynn

A copy of the news article in question follows.

MEXICO CITY, Oct 31 (Reuters) - Mexico City prosecutors have accused two
former employees of Swedish telecommunications
firm Ericsson , as well as 17 city officials, of corruption in the award
of a contract, newspapers reported on Saturday.

Uno mas Uno newspaper said the city's attorney general's office had
found evidence of ''irregularities'' with regard to its own internal,
$28 million
communications system, adding no tender was held to decide who to buy
the system from in 1996.

Prosecutor Victor Carranca Bouquet told Uno mas Uno and other newspapers
that arrest warrants were issued for the former Ericsson employees and
the
officials from the attorney general's office earlier this week. Awarding
contracts without tenders is a crime in Mexico.

How does this add upp to nefarious works by Ericsson since:
1) It sounds like the violation of a technical detail. (Being involved in an auto accident is also a crime in Mexico.)
2) The accused are former employes of Ericsson.
3) The ex-employees are accused, not convicted.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News