In 2008, the Swedish telecom company Ericsson found itself under investigation...

In 2008, the Swedish telecom company Ericsson found itself under investigation by the U.S. State Department for selling telecom equipment to the regimes of Iran, Sudan, and Syria, all considered state sponsors of terrorism. In 2011, Ericsson was named in a State Department report proposing to include telecom restrictions as part of its new sanctions against terrorist regimes. That year, Ericsson sponsored a speech by Bill Clinton and paid him a whopping $750,000, around three times Clinton's fee at the time. Ericsson had never previously sponsored a Clinton speech. Ericsson's timing could not have been more fortuitous, since later that year the State Department unveiled its new sanctions list for Iran. Telecom sanctions were not on it. Douglas

www.QuoteSweet.com