• Costa Rica Real Estate

30 months in jail for French exec in Alcatel scandal

September 19, 2008

Christian Sapsizian, a French citizen and former executive of telecom Alcatel, was sentenced yesterday in the United States to 30 months in prison, the U.S. Department of Justice said.

The U.S. District Court of Florida in Miami also ordered Sapsizian to forfeit $261,000, to serve three years of supervised release and to pay a $200 special assessment, according to a DOP press release.

The Costa Rican Electricity Institute (ICE), the state-owned telecom authority, awarded Alcatel an almost $150 million mobile phone contract in August 2001. Sapsizian then an assistant to Alcatel´s Latin America vice president, appears to have had a behind-the-back hand in sealing the deal.

Sapsizian confessed to engaging in a $2.5 million bribery scheme started in 2000 to win ICE´s phone contract. He pleaded guilty to two counts of violating the Foreign Corrupt Practices Act and agreed to cooperate with law enforcement officials from the United States and abroad in the ongoing investigation.

He admitted to conspiring from February 2000 to September 2004 with Edgar Valverde Acosta, a Costa Rican citizen who was Alcatel´s senior Costa Rica representative, and others to bribe officials here.

Facebook Comments

You may be interested

Costa Rica, Nicaragua tensions flare over death near border
Central America
37 views
Central America
37 views

Costa Rica, Nicaragua tensions flare over death near border

Alejandro Zúñiga - August 20, 2019

The governments of Costa Rica and Nicaragua are engaged in a diplomatic spat following the Aug. 12 death of Henry…

Costa Rica initiative aims to create greener cities
Costa Rica
13 views
Costa Rica
13 views

Costa Rica initiative aims to create greener cities

Alejandro Zúñiga - August 20, 2019

A new Costa Rican initiative aims to improve quality of life by protecting and promoting green spaces in the country’s…

Costa Rican priest wanted for child abuse is arrested in Mexico
Costa Rica
31 views
Costa Rica
31 views

Costa Rican priest wanted for child abuse is arrested in Mexico

AFP and The Tico Times - August 20, 2019

Costa Rican ex-priest Mauricio Víquez, accused of sexual abuse of minors, was arrested in Mexico in an operation coordinated by…

Do NOT follow this link or you will be banned from the site!