Costa Rican ‘Victim’ Objects To Alcatel-Lucent Settlement

5/5/2011

A state-owned company that awarded Alcatel-Lucent more than $300 million in bribe-tainted contracts has asked a federal court in Florida to block Alcatel’s FCPA settlement with the U.S. government, saying the terms violate a federal victim’s rights law.

Costa Rica’s Instituto Costarricense de Electricidad (ICE), which provides electric power and telecommunication services, filed a petition this week for relief and objections to Alcatel-Lucent’s plea agreement and proposed deferred prosecution agreement, along with a detailed memorandum of law.

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