DOJ secures $118 million penalty in FCPA violation case tied to Guatemalan telecom firm
By 
Oscar Gonzalez2025-11-20T18:52:00
The parent company of a telecom subsidiary in Guatemala agreed to pay $118.2 million to settle allegations regarding improper payments to government officials, but the U.S. Department of Justice chose not to impose a compliance monitor to administer the firm’s compliance with the Foriegn Corrupt Practices Act (FCPA).
Guatemala-based Comunicaciones Celulares S.A. (Comcel) is a subsidiary of Millicom International Cellular, S.A. (Millicom), a telecommunications company with its headquarters in Luxembourg, but has executive offices in Florida. Comcel, which was doing business as TIGO Guatemala, allegedly bribed politicians to secure improper business advantages that date back to 2012, according to the DOJ.
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