TeliaSonera says prosecutor to take next step in Uzbek probe
STOCKHOLM, March 28
STOCKHOLM, March 28 (Reuters) - Nordic telecom operator TeliaSonera said on Thursday it had been informed Swedish prosecutors would proceed with a formal investigation into its business dealings in Uzbekistan that could lead to a fine or seizure of assets.
A Swedish prosecutor has been carrying out a preliminary investigation since last year into the company's purchase of a 3G telecom license in Uzbekistan amid allegations of bribery.
A separate investigation commissioned by Telia, published earlier this year, did not uncover any evidence of bribery or money laundering, but sharply criticised the deal and the company's top executive resigned in the wake of report.
"Due to the current preliminary investigation into suspicion of aggravated bribery, an investigation will be initiated with regard to possible corporate fines and possible forfeiture," TeliaSonera quoted the prosecutor as saying.
The company also said the measure was a "natural step" in the prosecutor's investigation and that it remained convinced that the corruption allegations were unfounded.
- Sierra Leone declares emergency as Ebola death toll hits 729 |
- Israel, Palestinian militant groups begin 3-day Gaza truce |
- Disappointment, uncertainty after India blocks WTO trade deal
- S&P500 index posts worst fall since April; indexes down for July
- Tesla expects to boost 2015 output to more than 60,000