Norway’s Telenor involved in Uzbekistan corruption case / News / The Foreigner

The Foreigner Norway’s Telenor involved in Uzbekistan corruption case. Telecommunications provider Vimpelcom paid the daughter of the country’s head of state for licences, reports say. A bank statement Klassekampen has obtained shows that VimpelCom transferred USD 25 million to Gulnara Karimova in 2007 for these. Telenor owns 33 per cent of shares and 43 per cent of the voting shares in the mobile company.

telenor, vimplecom, uzbekistan



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Norway’s Telenor involved in Uzbekistan corruption case

Published on Tuesday, 18th November, 2014 at 13:33 under the news category, by Susanne Tunge Østhus.
Last Updated on 21st November 2014 at 15:08.

Telecommunications provider Vimpelcom paid the daughter of the country’s head of state for licences, reports say.



A bank statement Klassekampen has obtained shows that VimpelCom transferred USD 25 million to Gulnara Karimova in 2007 for these.

Telenor owns 33 per cent of shares and 43 per cent of the voting shares in the mobile company.

Dutch investigators estimate that Vimpelcom has earned about USD 252.48m (NOK 1.7bn) through possible illegal bribes, Klassekampen writes.

The Norwegian publication also reports findings of VimpelCom doing the same thing again in 2011. USD 30m was transferred for another telecommunications licence this time.

Altogether, Gulnara Karimova and the Takilant mailbox company she owns are alleged to have received USD 92.5 million dollars from VimpelCom. This sum also includes commission from a partnership agreement entered into in 2007.

However, VimpelCom is not alone in having corruption allegations made against them. Swedish company TeliaSonera has also been accused of gross corruption in Uzbekistan.

The corruption case regarding of VimpelCom has clear similarities to the TeliaSonera one, Klassekampen writes. It resulted in the resignation of TeliaSonera’s senior management in 2012.

In December of that year, Trond Giske, the then Norwegian Trade and Industry Minister, called Telenor CEO Fredrik Baksaas in for a meeting about licence purchases in Uzbekistan.

In this meeting, Mr Baksaas assured Minister Giske that the purchases had proceeded correctly.

“We were given a verbal explanation in which Telenor assured us that they had followed up on all the questions that arose in this case. We did not look at payments or transactions between the players,” Trond Giske told NRK about the encounter in 2012.

Neither Telenor nor VimpelCom wished to be interviewed about the payments in question.




Published on Tuesday, 18th November, 2014 at 13:33 under the news category, by Susanne Tunge Østhus.
Last updated on 21st November 2014 at 15:08.

This post has the following tags: telenor, vimplecom, uzbekistan.





  
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