VimpelCom announces prospective settlements for corruption
OREANDA-NEWS. February 19, 2016. VimpelCom writes that these prospective settlements remain subject to the approval of the pertinent authorities. VimpelCom reiterates that there can be no assurance that they will become effective in accordance with the terms described above.
Corruption is unacceptable, and Telenor takes it very seriously that VimpelCom now seems to acknowledge certain violations of the US. Foreign Corrupt Practices Act and relevant Dutch Laws.
Telenor is unable to give any further comments to VimpelCom’s prospective settlements until they are finally approved and publicly available.