European operator group TeliaSonera has confirmed that it is the subject of an ongoing investigation by the US Department of Justice (DoJ) and has also been approached by the US Securities and Exchange Commission (SEC) relating to its operations in Uzbekistan.
European operator group TeliaSonera has announced that two of its Dutch holding companies, TeliaSonera UTA Holding and TeliaSonera Uzbek Telecom Holding, are subject to a preliminary investigation concerning bribery and money laundering. The firm said that its operations in Uzbekistan are among the holdings of the entities.
European operator group VimpelCom has announced that it has received a letter from the United States Securities and Exchange Commission (SEC) requesting documents and stating that it is conducting an investigation into the firm’s operations. The group’s headquarters in Amsterdam were also visited this week by representatives of the Dutch authorities, including the Dutch public prosecutor office, which informed VimpelCom that it is the focus of a criminal investigation in the Netherlands.