Ericsson breached its US deferred prosecution agreement for a second time by withholding information about possible payments to the Isis terror group in Iraq, as the crisis surrounding the Swedish telecoms equipment maker deepened.
The world’s largest network gear manufacturer said on Wednesday that the US Department of Justice told Ericsson its disclosure about its internal investigation into Iraq was “insufficient” ahead of a 2019 $1bn settlement over corruption.
It added that the DoJ decided it had breached its deferred prosecution agreement again — following a first infringement reported in October for unknown causes — by failing to make additional disclosures about Iraq after 2019.
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