The fine was over Teva paying bribes to foreign officials to win business in Russia, Ukraine and Mexico, the ministry said.
| 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 powerful Histadrut labor union. |