AFP - Israel's justice ministry said Monday it had fined pharmaceutical giant Teva $22 million for bribing foreign officials
in a settlement that spares the company a potential criminal trial.
The deal signed on Sunday comes a month after Teva announced plans to cut 14,000 jobs globally, triggering strikes in Israel and pressure from the government and the Histadrut labor union.
The fine was over Teva paying bribes to foreign officials to win business in Russia, Ukraine and Mexico, the ministry said.