Corruption Scandal at Telekom Austria

CompaniesTelecoms ♦ 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: ©

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…