Corruption Scandal at Telekom Austria

Companies › Telecoms ♦ Published: August 8, 2011; 23:30 ♦ (Vindobona)

After internal inspections, the Austrian telecommunication group sent an extensive report to the public prosecutor’s office. One employee has been fired already.

Corruption Scandal at Telekom Austria / Picture: © Vindobona.org

Telekom Austria is shaken by a corruption scandal. The affair involves dubious payments made by the company after awarding contracts to the lobbying group Hochegger/Valora. On Friday, the telecommunication group took first consequences: Public prosecutors were informed after internal inspections had brought new evidence on suspicious transactions in the last ten years. An extensive…

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