Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Mobile TeleSystems PJSC
Current Parent CompanyMobile TeleSystems PJSC
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $750,000,000
Year: 2019
Date: March 7, 2019
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Violation Description: Moscow-based Mobile TeleSystems PJSC), a Russian mobile telecommunications company and an issuer of publicly traded securities in the United States, and its wholly owned Uzbek subsidiary, KOLORIT DIZAYN INK LLC (KOLORIT), entered into a deferred prosecution agreement to charges arising out of a scheme to pay bribes in Uzbekistan. The company agreed to pay total criminal penalties of $850 million, $100 million of which was offset by a payment of that amount to the Securities and Exchange Commission in a related civil case (listed in a separate Violation Tracker entry).
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
HQ Country of Current Parent: Russia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: telecommunications
Specific Industry of Current Parent: telecommunications
Source of Data(click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.