Telekom Austria Faces Severe Image Difficulties

People ♦ Published: February 18, 2012; 20:01 ♦ (Vindobona)

Many details over bribery payments from Telekom Austria to politically exposed persons were revealed. Now, the company sues its former executives.

Telekom Austria Faces Severe Image Difficulties / Picture: © Vindobona.org

Former managers of Telekom Austria seem to be mired in several bribery payments. During the government time of Wolfgang Schüssel (ÖVP) from 2000 to 2006, the company is said to have received customized laws in return for generous donations to political parties. Now, Telekom Austria decided to claim compensation for damages amounting to € 10m. Further claims are always possible,…