Asia Domain Name Registration Limited Story

[Alao25]

Alcatel-Lucent Fined US$2.5 Million For Bribery In China--Asia Domain Name Registration Limited

January 2, 2008 （Asia Domain Name Registration Limited）

Alcatel-Lucent says it has reached an intercession agreement with the United States

Department of Justice on the bribery scandal in China and will pay US$2.5 million in fine.
Lucent was accused of taking part in bribery between 2000 and 2003, before it was formally

acquired by Alcatel. The company's bribery was said to include inviting Chinese officials

for free sightseeing in the U.S. in exchange for obtaining some telecom equipment projects.
Between 2000 and 2003, Lucent reportedly spent millions of dollars arranging more than 300

tours for Chinese officials either for sightseeing or for entertainment and leisure. During

this period, it also sponsored and arranged 24 tours for Chinese government clients. It

also offered many other tours for Chinese officials to travel in the U.S., Europe,

Australia and other regions under the pretense of factory visits and training.
A spokesperson from Alcatel-Lucent said that the company fully cooperated with the United

States Department of Justice and the Securities and Exchange Commission in the

investigation on the bribery case and was satisfied with the intercession agreement, which

asked the company to further strengthen its financial management and supervision mechanism.

As part of the intercession agreement, the United States Department of Justice said it

would give up the criminal lawsuit against Alcatel-Lucent.

[Barbara]

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