Morvillo Abramowitz Partner Robert J. Anello Represents Supervisory Board of VimpelCom Ltd. in one of the Largest FCPA Investigations in U.S. History

February 18, 2016

NEW YORK, February 18, 2016—Amsterdam-based telecommunications company VimpelCom, Ltd. today announced the resolution of potential charges under the Foreign Corrupt Practices Act with the United States Department of Justice and the United States Securities and Exchange Commission, and resolution of potential charges under Dutch anti-corruption law with the Dutch Public Prosecutor’s Office. Under the three resolutions, which were negotiated separately but which comprised a global termination of investigation into the alleged conduct, VimpelCom agreed to pay a total of $795 million in penalties and disgorgement to be divided among the three agencies. VimpelCom and its subsidiary, Unitel, were alleged to have made improper payments to a government official in Uzbekistan in connection with VimpelCom’s entry into in the Uzbekistan mobile telecommunications market in 2006. The FCPA investigation and subsequent settlement has been widely referred to as one of the largest in U.S. history. The Supervisory Board of VimpelCom Ltd. was advised by a team led by partner Robert J. Anello, including partner Jeremy H. Temkin, and associates Peter Janowski, Devin Cain, Kostya Lantsman, and Ashley Burns.