Thursday, January 19, 2017

The Telenor boss about Bulgaria-investigation: – We take this very seriously – E24

In connection with the much-publicized joint press conference with the ceo Sigve Brekke and chairman of the board Gunn Wærsted before christmas that it mentioned that the ongoing investigation related to Telenor in a not stated country.

Dagens Næringsliv writes Thursday that this applies to conditions in Bulgarian Globul, which should have taken place before Telenor took over the company in 2013, and head of communications Glenn Mandelid confirms to E24 that this is the same case as previously discussed.

Mandelid says that it was the company that alerted the authorities in Bulgaria about matters that took place before the acquisition.

” When we received the operational control of the company, we went into the details of the accounts, and had suspected that there was economic crime. This was matters that we reported to the police, said Mandelid.

the Background for Telenor previously not wanted to go out with which country it came, was a request from the Bulgarian authorities. The company confirms, nevertheless, this after the DNs request.

the Case is still under investigation. Telenor stresses in a comment that none of Telenor’s employees are covered by the company’s review.

– Serious

VG met the Telenor ceo Sigve Brekke in the corridors at the World Economic Forum in Davos shortly after that Bulgaria-news became known on Thursday afternoon.

– This is something we have been working with for a long time. We take this very seriously. Beyond that, I can’t say anything because of the ongoing investigation.

– Where large amounts are we talking about?

I can’t say anything about.

– You get criticism for having waited for two years before you went to the police?

I would not think anything about, ” he says before he go off to a meeting.

– Demanding case

Telenor entered into an agreement on the acquisition of Globul from Greek operator OTE in april 2013, and took over the company in august. The price was around 717 million euros, the equivalent of about 5,64 billion Norwegian kroner on the current course.

From the suspicion of economic crime occurred until the case was reviewed, it went two years.

Telenor informs that the in this period handled the case, which was demanding and complex. It should also have been contact with the irs during this period.
Politianmeldelsen was delivered inside april 2016.

the Relationship was mentioned in connection with the publication of the Deloitte Advokatfirmas review of ownership in the work at vimpelcom in april.

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