Monday, 23 April 2018

TeliaSonera accused of making €1.8bn in corrupt payments

By Nick Wood, Total Telecom
Thursday 15 October 15

Swedish telco denies wrongdoing after scathing open letter says it is being opaque about its Eurasian misdeeds.

TeliaSonera was left reeling on Thursday after research firm Muddy Waters accused it of making corrupt payments related to its operations in Nepal and Eurasia. "We believe the amount of transactions and dividends that might be seen as corrupt payments [totals] SEK17 billion (€1.8 billion)," said Muddy Waters, in a scathing letter to the Sweden-based telco's board. &quot…

TeliaSonera was left reeling on Thursday after research firm Muddy Waters accused it of making corrupt payments related to its operations in Nepal and Eurasia. "We believe the amount of transactions and dividends that might be seen as corrupt payments [totals] SEK17 billion (€1.8 billion)," said Muddy Waters, in a scathing letter to the Sweden-based telco's board. &quot…

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