| WASHINGTON, April 24
WASHINGTON, April 24 Two former executives at
the Hungarian telecommunications company Magyar Telekom
will pay financial penalties and accept corporate
officer and director bars to settle alleged anti-bribery law
violations, U.S. regulators said Monday.
The settlement between the Securities and Exchange
Commission and the company's former CEO Elek Straub and former
chief strategy officer Andras Balogh come after the company
settled related criminal and civil Foreign Corrupt Practices Act
charges back in December 2011.
(Reporting by Sarah N. Lynch; Editing by Chizu Nomiyama)