Swedish Law Firm to Review Bribery Allegations Against TeliaSonera

 

­TeliaSonera has asked a Swedish legal firm, Mannheimer Swartling to carry out a review of its investment in Uzbekistan in 2007. Mannheimer Swartling have been asked to investigate whether TeliaSonera's investment in Uzbekistan in 2007 involved any form of corruption or money laundering.

"The allegations directed at TeliaSonera are very serious and therefore it is important that an independent party now reviews the transaction and truly gets to the bottom of all allegations and rumours which have flourished in recent weeks. At the same time, we will of course on all fronts cooperate with the police in its investigation, so that no questions remain as to whether we paid bribes or participated in money laundering, says Lars Nyberg," President and CEO TeliaSonera.

TeliaSonera has also assigned Sweden's former ambassador to Russia, Tomas Bertelman, to act as a strategic advisor in matters concerning the company's operations in Central Asia. Ambassador Bertelman will assist the board in its efforts to manage the difficult tradeoffs associated with conducting business in the markets in question.

Mr Bertelman will advise the board in relation to future business decisions, as well as in more general matters where conflicts of interest might arise due to the company's code of conduct and international framework on one hand and the national legislation and current market conditions on the other hand. In his work, Mr Bertelman will engage in dialogue with international intergovernmental bodies as well as various non-governmental organizations (NGOs).

"With the recruitment of Tomas Bertelman we will further strengthen our focus on sustainability matters. Telecommunications is a great force, which facilitates people's everyday lives. There is no better tool for transparency and democracy than telecommunications. At the same time, we operate in markets that are considered to be high risk markets. Therefore, we have decided to bring in external expertise to make better assessments," says Anders Narvinger, Chairman TeliaSonera.