• Costa Rica Real Estate

ICE challenges U.S. settlement with Alcatel

May 10, 2011

The Costa Rican Electricity Institute (ICE) will challenge a settlement over a case involving bribery charges filed by the U.S. government against French telecommunications company Alcatel-Lucent, formerly Alcatel, according to the news agency the Associated Press.

The settlement would allow Alcatel to pay the U.S. Securities and Exchange Commission a combined $137 million to settle the case, which charged Alcatel officials with bribing government officials to win business contracts in Costa Rica, Honduras, Malaysia and Taiwan between 2001 and 2006.

According to the AP report, ICE attorneys consider the settlement too lenient and are pushing for more compensation for their clients.

ICE press spokeswoman Montserrat Salas did not answer questions from The Tico Times during a phone call, instead asking that questions be submitted in writing. The Tico Times is waiting for a written response to confirm the AP report.

A judge will rule on the case Wednesday.

Last April. 27, a San José criminal court sentenced former Costa Rican President Miguel Ángel Rodríguez to a five-year prison term for involvement in the case, along with former ICE officials (TT, April 29). That verdict awaits a judicial review process in order to stand.

You may be interested

Pic of the Day: The golden orb weaver spider
Pic of the Day
135 views
Pic of the Day
135 views

Pic of the Day: The golden orb weaver spider

The Tico Times - December 10, 2019

Despite being completely non-threatening to humans, the golden orb weaver spider has acid-yellow spots and pincer-like legs, and can grow…

Costa Rica seizes cyanide and mercury in operations against illegal mining
Costa Rica
125 views
Costa Rica
125 views

Costa Rica seizes cyanide and mercury in operations against illegal mining

AFP and The Tico Times - December 10, 2019

Costa Rican authorities confiscated large shipments of cyanide and mercury, two highly toxic chemicals, in a series of operations against…

The Tico Times Weekly Digest: December 9, 2019
Costa Rica
718 views
Costa Rica
718 views

The Tico Times Weekly Digest: December 9, 2019

The Tico Times - December 9, 2019

Thanks for watching The Tico Times Weekly Digest, where we catch up on the latest news in Costa Rica. This…

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