25 Mar '11, 6pm

Malaysian telcos ban Alcatel-Lucent from bids

Malaysian telcos ban Alcatel-Lucent from bids

KUALA LUMPUR : Telekom Malaysia and mobile operator Axiata have barred a French equipment giant from bidding for new tenders for a year, a report said Friday, after it admitted paying bribes for contracts. Malaysian authorities in December began to probe accusations by US officials that Paris-based Alcatel-Lucent gave kickbacks to government officials in Latin America and Asia -- including Malaysia -- between December 2001 and June 2006. The investigation came days after Alcatel-Lucent agreed to pay $137 million in fines and penalties to settle the charges as part of an agreement with US authorities. On Friday the Star newspaper said Telekom Malaysia had suspended the company from tenders and contracts for 12 months from January 5, while Axiata will impose the suspension from February 18. Transparency International Malaysia welcomed the the decisions but described the 12-m...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

Tweets

#Asia #News

sg.news.yahoo.com 25 Mar '11, 6am

The Philippines has suspended imports of Japanese chocolate made with milk from areas near a radiation-leaking nuclear pla...

Malaysian journey for a Fulbright scholar: By Satiman Jamin KUALA Berang in Terengganu and Ba' Kelalan in Sarawa...

Malaysian journey for a Fulbright scholar: By S...

asiaone.com 27 Mar '11, 5am

KUALA Berang in Terengganu and Ba' Kelalan in Sarawak may have little in common with Seattle, in the United States, but Fu...