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Stock impact report

2016 Deferred Prosecution Agreement Concludes as Monitor Certifies VEON's Compliance Programme

VEON Ltd. - American Depositary Shares (VEON) 
US:NASDAQ Investor Relations: veon.com/investor-relations
Company Research Source: PR Newswire
AMSTERDAM, Oct. 31, 2019 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON) and (Euronext Amsterdam: VEON) today announces that the Deferred Prosecution Agreement ("DPA") entered into on 18 February 2016 with the US Department of Justice has concluded. This marks the end of VEON's compliance monitorship, conducted in connection with the DPA and the company's settlement with the US Securities & Exchange Commission. VEON is pleased that its commitment to ethics, compliance and internal controls, along with the improvements it has made over the past three years, have enabled it to successfully complete the DPA and monitorship in a timely manner. VEON will continue to ensure that its robust anti-corruption programme is effective and sustainable over the long-term.With the conclusion of the DPA, the US Department of Justice has filed a motion with the US District Court for the Southern District of New York to dismiss the charges deferred by the DPA.Ursula Burns, VEON's Chairman and CEO, said: "This Show less Read more
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