The board considered the to kick the Telenor boss, but turned around when lawyers frikjente him – Aftenposten

It was already in august that Telenor’s chairman of the board Gunn Wærsted went to the ceo Sigve Brekke and asked him to withdraw.

There are different perceptions about the Wærsted had grounded this call on the board of directors. Aftenposten get lit from the central hold that it did not happen.

But when the Break in this conversation expressed that he did not want to go by, Wærsted have brought the case for total control.

It led to that the board of directors initiated a process linked to the ceo’s position. In this process, there have been a number of meetings, many of these on the telephone.

In the process it came out that Brekke, who previously led Telenor in Asia, could be linked to possible irregularities. Sources Aftenposten has been in contact with says that this is related to the businesses in Bangladesh and Thailand.

Gave the impression of a hurry

All or part of the board got the impression that this was something that urgently needed.

Wærsted then got the mandate from the board to have a conversation with Him about his possible resignation. But Brekke refused still to go of voluntarily.

In retrospect, there has been disagreement in the Telenor board of directors Wærsted in this call went beyond its mandate.

• Sigve Brekke was appointed as the ceo of Telenor 17. august 2015. He has been in the company since 1999 and of the group management since 2008, where he was the supreme chief of Telenor’s operations in Asia 2008-2015.
• Break succeeded Jon Fredrik Baksaas, who had held the job since 2002.
• Baksaas admitted in november 2015 to have held the information back in the open hearing on the Parliamentary control of the parliamentary scrutiny and constitutional committee held in January of the same year, about korrupsjonspåstandene about the Russian phone company work at vimpelcom, Telenor bought into in 1998.
• 30. October 2015 allotted Norwegian trade and industry minister Monica Mæland (H) the Telenor board chairman Svein Aaser, after having received the information that she believed she should have had in the past.
• Aaser predecessor, Harald Norvik (2007-2012) withdrew as a result of a conflict with the then Norwegian trade and industry minister Trond Giske (A).
• Gunn Wærsted was appointed as the new chairman of the board of Telenor in January.
• Thursday wrote Dagens Næringsliv that Wærsted in a conversation with Sigve Brekke in the fall gave the expression that he should go by the Telenor ceo.

Source: NTB

Break purchased in the many ways time when he once again refused to go of voluntarily. It may have led to the fact that he saved the job.

the Board obtained external legal advice which was to investigate the possible irregularities in Asia. When the auditors were finished with the job, they ended with to absolve to Break.

^ get informed that the board of directors concluded Brekke could not be loaded. Thus it came out that he had to get the keep his job.

Lost the vote

At a time to be Wærsted almost have pushed forward a vote in the board of directors if the Break would get fired or not. The lost she clearly. None of the ten other board members backed her in the referendum.

the newspaper Aftenposten has asked Wærsted about a comment to the information provided in this article.

– I will not give any comments on the discussions and processes of the board. It is in principle wrong. It happens in the boardroom is for the board’s ears and not for others, ” says Wærsted to Aftenposten.

the Background for that Wærsted would get rid of the ceo should be that she believes the issues from the break off the past as the Asia head of Telenor are serious irregularities.

It was in the position in Asia, the Break built up to be the hottest candidate to konsernsjefjobben.

India and Bangladesh

Sources Aftenposten has been in contact with says the issues is related to the businesses in Bangladesh and Thailand.

In april notified Telenor that its subsidiary DTAC in Thailand through its internal audit discovered a discrepancy related to the leases for some base stations.

Telenor’s subsidiary grameen phone in Bangladesh recently got a new director, Norwegian Petter-Børre Furberg (49). He should work for the company getting a permanent director, after Rajeev Sethi went out of Telenor.

This should have happened in a process that sources characterize as a cleanup. According to sources, the chairman of the board in Telenor have been of the opinion that the responsibility for the objectionable conditions were on Break and that they are not held to kick off local commanders.

After the newspaper Aftenposten has been informed did not share the board this opinion.

Sources say to the newspaper Aftenposten that there are not now any matters on the board’s table that links the Choke to the possible irregularities from his time as Asia ceo.