Telecom Firm Digicel Tells Lenders It Reported Itself to DOJ (1)

Digicel Group told creditors it is cooperating with the US Justice Department over potential violations of the Foreign Corrupt Practices Act.

The international mobile operator, which reported improved earnings a year after restructuring its debt, disclosed to creditors that it was cooperating with the DOJ in a call on Friday after voluntarily reporting itself. The company declined to give any further details about the scope, geography or quantum of the scrutiny it is facing, and did not respond to questions during the private bondholder call.

“We voluntarily disclosed to the US Department of Justice information related to possible violations of ...