VG: – Maeland knew about the distrust to the Break – NRK

It has been a so-called eierdialog between the chairman of the board Gunn Wærsted and Ministry of Wærsteds work in the Telenor board of directors, where she also will be informed that she wanted to remove Telenor ceo Sigve Brekke, said central source to the VG.

Wærsted do not want to comment on the information towards the newspaper.

Asked to resign

Telenor’s chairman of the board Gunn Wærsted has asked the chief executive officer Sigve Brekke about to retire. She believes, among other things, that Telenor-the boss does not have shown corporate social responsibility. It was the imf which first publicized the case. To show mistrust must Wærsted have covered in the board of directors, but currently, it looks like they support the Telenor boss.

It gave the Norwegian trade and industry minister Monica Mæland, who in practice decide what should happen, two options: She can support the chairman of the board at Telenor boss, or she can throw the chairman of the board.

Currently, she has not chosen to do any of the parts.

In a very short statement to the NTB has received from Næringsdepartementets head of communications Trond Viken says:

“Næringsministeren trust to the sitting chairman of the board and the board of directors. We have in all companies where we are the owner.”

Chairman of the board Gunn Wærsted has asked the chief executive officer Sigve Brekke of Telenor to withdraw.

Photo: Larsen, Haakon Mosvold / NTB scanpix

Reject sololøp

BI-professor and styreekspert, Morten Huse, said to NRK yesterday that it is serious about Wærsted not have support from their own board of directors. But Wærsted has dismissed claims about the sololøp.

I have as a principle that the chairman of the board to make sure that I have the foundation in the board of directors, said Wærsted to VG on Thursday afternoon.

But Sigve Brekke has received support from the majority of the Telenor board members.

E24 writes that the Thursday was hasteinnkalt to an extraordinary board meeting of the company. It will take place on Monday.

Therefore, the Telenor boss in hard weather

Sigve Brekke, ceo of Telenor.

Photo: Grøtt, Vegard Wivestad / NTB scanpix

the Reason she asked him to pull going to be the so-called “compliance”issues related to corporate social responsibility. But it is not the only mistake of Him to have done as a director in Telenor.

in the Midst of the financial crisis in 2008, the company went into India after a total analytikerkorps believed the company had taken water over my head.

Telenor’s giant investment in mobile telephony in India went from being a nightmare to develop into a complete disaster, thought teleanalytiker. After that Telenor had to write down the value of its India-investment are the red numbers in the financial statements in the fourth quarter.

Sigve Brekke wrote in an application to participate on a forskningsopphold at Harvard in 1996, that he had “a degree from skogskolen” and “a degree from Distriktshøyskolen in Telemark”.

It was a bad translation from my side, ” says Sigve Brekke to NRK that he has asserted himself to a degree he does not have.

From the time he was 17. august of last year and until this week had Telenor exchange rate fell by 23 per cent.

the Telenor boss admitted to NRK that he is disappointed over the corruption in the work at vimpelcom, and admits that Telenor should have followed up the matter better.

Telenor is based on Norwegian values, and corruption is something we take very seriously. This is an important lesson for Telenor, said the Break then.

– work at vimpelcom even admits that corruption has taken place, and it is enough clear that Telenor could have done more as the owner to follow this up in a better way, ” he continues.

Facts about work at vimpelcom-case

• Telenor bought into the Russian work at vimpelcom in 1998.
• Then Telenor ceo Jon Fredrik Baksaas put in Vimpelcoms board from 2010 to December 2014. He was Telenor ceo in June 2015.
• in the Autumn of 2014, it became known that work at vimpelcom is being investigated internationally for large money transfers to a postboksselskap owned by her friend to the Uzbek presidentdatteren Gulnara Karimova. Payments in 2006 and 2011 will be the settlement of the telelisenser in Uzbekistan.
• May 2015: the Parliamentary control of the parliamentary scrutiny and constitutional committee criticize Telenor for lack of effort against corruption in the work at vimpelcom, but concludes that it is still an open question whether corruption has occurred in the company.
• 5. October: Telenor says that the company will sell its stake of 33 per cent in work at vimpelcom.
• 30. October: the Norwegian trade and industry minister Monica Mæland (H) causing the Telenor board chairman Svein Aaser, after having received new information that she believed both herself and the control and konstitusjonskomiteen should have had in the past.
• 2. november: Baksaas admits to have held back information about work at vimpelcom in Parliament kontrollhøring in January of 2015.
• 4. november: Jo Lunder, former ceo of work at vimpelcom (2011-2015), pågripes of Økokrim, charged with corruption tied to work at vimpelcom.
• 9. november: Baksaas and the board of directors of Telenor agree to end Baksaas’ consultancy agreement with the board of directors with immediate effect. Baksaas also waive their right to the bonus for 2015.
• 10. november: Borgarting court of appeal decides that The Groves shall be released from custody.
• 17. november: the Parliamentary control of the parliamentary scrutiny and constitutional committee calling in to the new work at vimpelcom-consultation 16. December.
• 7. December: work at vimpelcom-the hearing is postponed for a half year, after the attorney general asks this is because Økokrim feared it could damage the investigation.
• 17. February 2016: work at vimpelcom writes in his quarterly report that the company admits violation of law in connection with the korrupsjonssaken.
• 18. February: work at vimpelcom settles with us authorities to pay 795 million dollars, for offences that should have happened in the period between 2006 and 2012.
• 25. February: Økokrim and the director of public prosecutions notifies that they no longer have objections to a hearing in the control and konstitusjonskomiteen.
• 29. april: the Accounting and law firm Deloitte to deliver their final report about Telenor’s handling of ownership in the work at vimpelcom. In the report, it comes strong criticism of The handling of raising your concerns about corruption. The same day it becomes known that chief financial officer Richard Olav Aa and legal director Pål Wien Espen resigns their positions in Telenor.
• 12. may: the control committee of the Storting (parliament) to hold a new hearing in the work at vimpelcom-case 27. may.

(NTB)

• 5. Story largest fine from the Competition

the Competition authority announced that Telenor can get the second largest fine of 906 million for abuse of market power in the Norwegian mobile market in november. Telenor now has deadline of march to respond to the notification from the Competition authority.

– Telenor has been very dominant in the Norwegian market over many years, and it is the reason why we have seen the us have to regulate Telenor to avoid problems ahead of time, said director of the National kommunikasjonsmyndighet, Thorstein Olsen.