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.
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
PremiumPart One: A case-by-case analysis of FCPA investigation closures
Foreign corruption enforcement relating to national security matters has been a common theme under the Trump administration. A second common theme continues to be the discrete way in which the DOJ has ended several FCPA investigations.
-
PremiumQ&A with former FCPA Unit chief Charles Duross on the DOJ’s monitorship policy
Compliance Week recently interviewed Charles Duross, former Chief of the DOJ’s Fraud Section’s FCPA Unit, to talk about the Department of Justice’s recently revised monitorship policy.
-
News BriefDOJ declines to prosecute Liberty Mutual in $4.7M FCPA bribery case
Liberty Mutual agreed to give up $4.7 million in profit – the amount it earned from a bribery scheme uncovered by the government – as part of a settlement related to the Foreign Corrupt Practices Act, according to a letter from the U.S. Department of Justice.
More from Regulatory Enforcement
-
ArticleBroker-dealer Canaccord pays $80M to FinCEN, admits to willful BSA violations
Financial services company Canaccord has been hit with an $80 million penalty by the U.S. Treasury’s Financial Crimes Enforcement Network (FInCEN)–the largest FinCEN penalty against a broker-dealer in its history.
-
ArticleFTC’s two commissioners vote to order Walmart to pay $100M to settle gig driver allegations
Walmart has agreed to pay $100 million to settle allegations that it deceived delivery drivers about their pay and tips, the Federal Trade Commission announced.
-
ArticleFormer telemedicine company owner gets 7 years for role in $136M kickback scheme
A former co-owner of two telemedicine companies who helped orchestrate $136 million in Medicare fraud was sentenced to seven years in prison for his role in the nationwide bribery and kickback scheme involving orthotic braces, doctors, and false claims.