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TeliaSonera Dismisses Execs over Eurasian Deals

TeliaSonera announced the dismissal of four individuals because of irregularities in transactions and agreements made by TeliaSonera and partners in Eurasia over the past few years.  The company had retained the international law firm Norton Rose Fulbright LLP to conduct a review of the deals.

“The Board’s conclusion is that some senior employees no longer have the trust of the Board. Therefore they have been notified that their employment with TeliaSonera will be terminated and they will leave their position effective immediately. It is not the Board’s task to assess the legal aspects, but we have decided to hand over the material from the Norton Rose Fulbright review to the Prosecutor’s office as part of our continuous dialogue,” stated Marie Ehrling, Chairman of the TeliaSonera Board.

Separately, the company announced that Christian Luiga, currently Head of CEO Office, will assume the position as acting Chief Financial Officer, replacing Per-Arne Blomquist who will leave his position effective immediately.

http://www.teliasonera.com

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