Disgorgement claims from the Swedish prosecutor
According to information from the Swedish Prosecution Authority it has today decided to prosecute a number of former Telia employees. The authority has also decided to initiate legal proceedings against Telia Company for a disgorgement. This amount is already included in the global settlement that Telia Company has reached with U.S. and Dutch authorities, as previously disclosed.
With regard to the Swedish Prosecution Authority’s decision, Telia Company will continue to consider all possibilities to protect the rights and interests of the Company.
As previously announced, Telia Company has a good and constructive co-operation with the Swedish Prosecution Authority and the Swedish Police in the investigations of suspected corruption and we are very confident in the prosecutors and their work.
Telia Company announced on 21 September that a global settlement had been reached with the U.S. Department of Justice (DOJ), Securities and Exchange Commission (SEC) and the Dutch Public Prosecution Service (Openbaar Ministerie, OM) relating to previously disclosed investigations regarding historical transactions in Uzbekistan. Telia Company has agreed to a total financial sanction of USD 965 million. The global resolution brings an end to all known corruption related investigations or inquiries into Telia Company.
For more information, please contact our press office +46 771 77 58 30, visit our Newsroom or follow us on Twitter @Teliacompany.
We’re Telia Company, the New Generation Telco. Our 21,000 talented colleagues serve millions of customers every day in one of the world’s most connected regions. With a strong connectivity base, we’re the hub in the digital ecosystem, empowering people, companies and societies to stay in touch with everything that matters 24/7/365 - on their terms. Headquartered in Stockholm, the heart of innovation and technology, we’re set to change the industry and bring the world even closer for our customers. Read more at www.teliacompany.com.
Tags: