A strong blow to the Swedish telecom giant .. "Ericsson" agreed to pay one billion dollars to settle a corruption issue .. American Justice: I paid bribes to government officials in several countries .. Company President: We feel shame for embarrassing and unacceptable behavior

Ericsson was hit hard by the mobile phone company after the US Department of Justice announced that the Swedish company agreed to pay more than one billion dollars to settle a corruption investigation that includes bribes to government officials in countries including China, Vietnam and Djibouti .

According to what Reuters reported, the charges include paying a criminal penalty of more than 520 million dollars, in addition to 540 million dollars to be paid to the US Securities and Exchange Commission in a related matter .

The Ministry of Justice said in a statement, that the company acknowledged that it conspired with others, to violate the law against foreign corruption practices between 2000 and 2016 at least by engaging in a scheme to pay bribes aimed at falsifying books and records and not applying acceptable internal accounting restrictions .

The authorities stated, that Ericsson used third parties, to pay bribes to government officials to secure its work and ensure its continuity .