Ericsson is in an embarrassing situation whereby it may have been involved in embezzlement to a terrorist organisation. Its business in Iraq has undergone an internal investigation after Ericsson had discovered irregularities in its transactions. Under media pressure, Ericsson has disclosed the situation, and it does not look pretty.
17 Feb 2022
Ericsson could have sponsored ISIS
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Ericsson could have sponsored ISIS
Telefonaktiebolaget LM Ericsson (ERIC-B:STO), 0 | Telefonaktiebolaget LM Ericsson Class B (ERIC.B:OME), 0
- Published:
17 Feb 2022 -
Author:
Romain Pierredon -
Pages:
2
Ericsson is in an embarrassing situation whereby it may have been involved in embezzlement to a terrorist organisation. Its business in Iraq has undergone an internal investigation after Ericsson had discovered irregularities in its transactions. Under media pressure, Ericsson has disclosed the situation, and it does not look pretty.