Major Ericsson investors to vote against some board members at shareholder meeting

By Supantha Mukherjee and Helena Soderpalm on Mar 29, 2022 12:11PM

Major Ericsson investors to vote against some board members at shareholder meeting

Corporate crisis over alleged Iraq bribery continues.

Major Ericsson shareholders will vote against a motion to clear some board members of responsibility over possible payment of bribes to militant organisations in Iraq, deepening a crisis at the Swedish group that has knocked a quarter off its market value. Shareholders, including Cevian ...

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bribery corruption ericsson telco/isp telecommunications

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