The Office of Public Affairs announced that TIGO Guatemala has paid over $118 million to settle a foreign bribery investigation. The payment is part of a resolution with authorities concerning allegations of corrupt practices aimed at gaining favorable treatment in business dealings. This move underscores TIGO’s commitment to integrity and compliance with international standards, emphasizing the importance of ethical conduct in the telecommunications sector. The settlement aims to address concerns raised by regulatory bodies, demonstrating TIGO’s willingness to rectify past misconduct. As a leading telecom provider in Guatemala, the company seeks to restore public trust and enhance its corporate governance. This resolution marks a significant step in TIGO’s efforts to promote transparency and accountability within its operations while fostering a more ethical business environment in the region.
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