TeliaSonera Chief Nyberg Quits After Uzbek Bribery Report
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TeliaSonera AB Chief Executive Officer Lars Nyberg resigned today after a law firm hired to investigate graft accusations said the carrier should have been more careful when it bought an Uzbeki phone license in 2007.
The company named Chief Financial Officer Per-Arne Blomquist acting CEO. Swedish prosecutors opened an investigation last year into whether TeliaSonera knew, or should have known, when it bought the license from Takilant Ltd. that the money went to President Islam Karimov’s family. Law firm Mannheimer Swartling faulted the lack of adequate internal controls against corruption, while saying it found no evidence of bribery or money laundering.