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Vodafone Starts Audit Into Possible Tax Fraud at Ono Unit

2014-10-27 16:18:59| Telecom - Topix.net

Vodafone Group Plc began an internal probe into possible tax fraud at Grupo Corporativo Ono SA, the Spanish cable operator it bought this year for 7.2 billion euros . The mobile-phone carrier started "a forensic audit to investigate the facts relating to the alleged fraud" as soon as it became aware of the issue, Newbury, England-base Vodafone said yesterday, after El Pais newspaper reported the probe.

Tags: unit tax starts fraud

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