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Ericsson board loses 2nd vote over corruption liability

Ericsson CEO Borje Ekholm and most of the vendor’s board members remain liable for potential legal action over a corruption probe in Iraq.

Ericsson shareholders refuse to let board off the hook

For the second year running, Ericsson’s shareholders have voted against exonerating CEO Borje Ekholm – along with most of its board – from liability over their management of a corruption investigation relating to the vendor’s activities in Iraq.

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