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Prosecutors Identify Third Suspect in TeliaSonera AB Uzbek Probe-Reuters


Thursday, 4 Apr 2013 08:27am EDT 

Reuters reported that TeliaSonera AB announced that Swedish prosecutors have identified a third suspect in their investigation into possible corruption related to TeliaSonera AB's purchase of an Uzbekistan 3G license. The prosecutors are investigating three people in the case, which is a preliminary investigation into possible bribery and money laundering in connection with the 2007 deal. The Company has announced that the allegations are unfounded. The Company‚Äôs announced that the third suspect no longer worked at the Company. Prosecutor Gunnar Stetler declined to comment. The prosecutors are looking into allegations the Company paid SEK 2.3 billion for its 3G license to Takilant Ltd, a Gibraltar-listed company, when it knew it was a front for Gulnara Karimova, the daughter of Uzbek president Islam Karimov. A Swedish court has agreed to freeze assets belonging to Takilant. A report by a law firm the Company hired to investigate did not uncover any evidence of bribery or money laundering, but said a lack of due diligence made it difficult to rule out corruption somewhere along the line. 

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